Gelonghui, May 14, 丨 Yongli Co., Ltd. (300230.SZ) announced that in order to resolve the conflict that the current office conditions of Shanghai Yongli Belt Co., Ltd. and its subsidiaries do not match the business development plans, provide spatial support for the company's strategic plans such as building a new online and offline integrated marketing model and expanding new business, and enhance the company's operating capacity, the company plans to purchase the company's wholly-owned subsidiary Shanghai Industrial Nonferrous Metals Co., Ltd. (hereinafter referred to as “Shanghai Industrial”) with its own capital The office space (hereinafter referred to as the “subject of the transaction”) is located in room 601 and 602, No. 5, Lane 99, Jiajie Road, Zhaoxiang Town, Qingpu District, with a total area of 1,874.19 square meters.

According to the “Asset Evaluation Report” issued by Shanghai Zhonghua Asset Appraisal Co., Ltd. (Shanghai Public Assessment Report (2024) No. 0122), using January 31, 2024 as the evaluation reference date, the assessed value of the subject matter of the transaction was RMB 34.83 million. Based on the above evaluation results, after friendly negotiations, and in accordance with the principles of fair and reasonable pricing, the two parties discussed and confirmed that the total price of this transaction was RMB 38.83 million including tax.