Shunkong Development announced that the company formed a consortium with Guangdong Hengze Shun No. 1 Enterprise Management Partnership to participate in the public listing of 100% equity and related claims transfer project of Huaxin Color Printing Co., Ltd. at Chongqing United Exchange. The company held a Board of Directors meeting on November 26, 2024, to review and approve the delisting matter and signed the property rights transaction contract with Guangdong Guanhao High-tech. The transaction price is 0.515 billion yuan, of which the reserve price for the transfer of 100% equity of the target enterprise is 0.275 billion yuan, and the reserve price for the claims transfer is 0.24 billion yuan. This transaction does not constitute a major asset reorganization and does not involve related party transactions. After the transaction is completed, the company may face cross-industry operational risks, policy risks, and integration operational risks.