Gelonghui, January 31 | I Love My Family (000560.SZ) announced that in order to optimize the company's asset structure and resource allocation, revitalize the company's existing assets, improve the efficiency of the company's resource utilization, further focus on the company's core business, continuously improve the company's core competitiveness and sustainable development capabilities, and promote the company's high-quality development, the company and its wholly-owned subsidiary Tibet Yunbaiyu recently signed the “New Era” with Yunnan Duojiu, Yunnan Fanping, and Yunnan Suihui (the above three parties are collectively known as “counterparties”. The above three parties have the same shareholding structure, and are controlled by the same controller) Ming Department Store Dongfeng “Road Store) Transfer Agreement” (hereinafter referred to as “Transfer Agreement”).

The company plans to sell ownership of the property with a total construction area of 9,603 square meters (hereinafter referred to as the “target asset”) located in the New Era Plaza in Wuhua District, Kunming City, Yunnan Province (hereinafter referred to as the “target asset”) to Yunnan Duo Yu and Yunnan Fanping; Tibet Yunbai plans to transfer 100% of its shares (hereinafter referred to as “Tibet Yunhe” or the “target company”) (hereinafter referred to as the “target company”) to Suihui, Yunnan. A total of 18,404.65 square meters of real estate on the 18-28 floors of Yuan Plaza Ownership and operation. Based on a market-based perspective, after friendly negotiations between the parties, the total price of the transaction was 168,368,790 yuan (of which the sale price of the underlying assets was 44,000,000 yuan and the transfer price of the underlying shares was 124,368,790 yuan), accounting for 1.64% of the company's most recent audited net assets. After the equity transfer involved in this transaction is completed, Yunnan Suihui will hold 100% of Tibet Yunhe's shares, the company will no longer hold Tibet Yunhe shares, and it will no longer be included in the scope of the company's consolidated statements.