Zhitong Financial App News, Guangdong Hongyuan A (000573.SZ) issued an announcement that the company's wholly-owned subsidiary Guangdong Hongyuan Investment Co., Ltd. (Hongyuan Investment) holds a 10% stake in Dongguan Zhongtian Huijing Industrial Investment Co., Ltd. (Zhongtian Huijing). Shenzhen Huafu Investment Co., Ltd. (Huafu Investment), one of the shareholders of Zhongtian Huijing, plans to transfer its 40% stake in Zhongtian Huijing together with its creditor's rights to Huicheng Huayue at 409.5728 million yuan in the near future. Other shareholders who have the preemptive right of Zhongtian Huijing have the right to choose whether to give up the preemptive right.

The 24th meeting of the 10th session of the Board of Directors was held on December 22, 2022 to examine and approve the motion on wholly-owned subsidiaries waiving the exercise of the preemptive right of equity transfer by shareholders of the participating company. It is agreed that Hongyuan Investment will waive the exercise of the preemptive right of Zhongtian Huijing shareholders to transfer their shares.