Shitou Shares: Wholly-owned subsidiary plans to transfer 70% equity of Zhejiang Longjing Water Industry Co., Ltd.

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Mingji AI Express: Lion Head Co., Ltd. (SH 600539, closing price: 11.87 yuan) announced on the evening of March 6 that its wholly owned subsidiary, Hangzhou Guixin Technology Co., Ltd., plans to transfer 70% of its equity in Zhejiang Longjing Water Industry Co., Ltd. through a public listing on the Zhejiang Property Rights Exchange. According to the relevant appraisal report, the initial listing price for the 70% stake in Longjing Water Industry is no less than 16.3797 million yuan. The final transaction price and counterpart will be determined based on the results of the public listing.

Mingji Headlines (nbdtoutiao)—Exclusive interview with Li Dongrong, former Vice Governor of the People’s Bank of China: Accelerate the development of safety standards for large model technology applications in finance to prevent algorithmic discrimination and precise exclusion caused by technological divergence.

(Reporter Wang Xiaobo)

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