Yantang Dairy finalizes related-party parking space acquisition

Guangdong Yantang Dairy Co., Ltd. announced further progress on its related-party transaction with Guangzhou Guangken Real Estate Co., Ltd. The company entered into a "Guangken Guanyun Building Parking Space Subscription Agreement" on October 27, 2025, to acquire 30 parking spaces for a total price of 8,034,280 yuan. Payment terms include a deposit of 600,000 yuan within seven working days of signing, with the remaining 7,434,280 yuan due within one month of signing the "Commercial Housing Sales Contract."

Following the subscription agreement, the company signed 30 "Guangzhou Commercial Housing Sales Contracts (Parking Spaces/Garages)" with Guangzhou Guangken Real Estate Co., Ltd. on November 12, 2025. The total construction area for these parking spaces is 384.844 square meters. The company will also be responsible for a special maintenance fund totaling 40,408.62 yuan, calculated at 105 yuan per square meter.

The purchase includes clauses for late payment penalties, ranging from 0.0015% per day for the first 60 days to 0.0018% per day for delays exceeding 181 days. The sellers are expected to deliver the parking spaces to the buyers by December 30, 2025. The company asserts that the per-unit price of the parking spaces does not exceed the previously approved ceiling for related-party transactions.