Jintou City Open: Proposed Adjustment to Major Asset Restructuring Plan

Jin10 data reported on September 19 that Jintou Chengkai announced that the company has decided to make significant adjustments to the original major asset restructuring plan. The original plan included three parts: major asset replacement, issuance of shares and cash payment for asset purchase, and raising matching funds. The adjusted restructuring plan is expected to constitute a major asset restructuring, but it will not lead to changes in the company's controlling shareholder and actual controller, nor will it constitute a restructuring listing. The adjusted restructuring plan still needs to reach an agreement with the counterparty and sign relevant agreements, and it also needs to undergo necessary decision-making and approval procedures. The company will actively organize relevant intermediary institutions to continue related work.