On December 29, Ge Longhui | Qingdao Foods (001219.SZ) announced that the second strategic committee of the 10th board of directors and the 2nd special meeting of independent directors of the 10th board of directors were held by the company on December 29, 2023, and submitted to the 13th meeting of the 10th board of directors on the same day to review and pass the “Proposal on the Company's Intent to Participate in the Public Delisting and Acquisition of 34% of Huakun Biotech's Shares”.

In order to further expand the industrial layout and enhance the company's overall efficiency, in line with industry development trends and the company's development strategy, the company plans to acquire 34% of Huakun Biotech's shares through public delisting of Qingdao Property Exchange Co., Ltd. (“Qingdao Industrial Exchange” for short). The listing announcement period is from December 25, 2023 to January 22, 2023. The listing price is RMB 1,30491 million. The actual sale price is subject to the situation after final registration or participation in the bidding at the Qingdao Industrial Exchange. If successfully delisted, the company will become Huakun Biotech's second-largest shareholder.