Gelonghui, April 7 | Nanning Department Store (600712.SH) announced that Southeast Futian Investment Co., Ltd. (“Nanning Futian”), which holds more than 5% of the shares, plans to transfer its 30,200,000 unrestricted tradable shares of the Company (5.54% of the Company's total shares) to Nanning Industrial Investment Group Co., Ltd. (“Nanning Investment”) through an agreed transfer. This change in equity does not affect the proposed acquisition and will not result in a change in the controlling shareholder or actual controller of the Company. The transfer price of the underlying shares was RMB 4.28 per share, and the total transfer price was RMB 129,256,000.00.