On August 2, GeLongHui reported that Dongguan Development Holding (000828.SZ) announced that Guangdong Golden Dragon Development Inc. (referred to as "Golden Dragon Stock") transferred its holding of 300 million shares of Dongguan Securities through public listing (20% of the total share capital) according to the announcement released by Shanghai United Property Rights Exchange. In order to optimize the company's asset structure and deepen its future global strategy, Dongguan Development Holding Co., Ltd. intends to form a consortium with Dongguan Financial Holdings Group Co., Ltd. (hereinafter referred to as "Dongguan Financial Holding") to jointly bid for the above-mentioned 20% equity of Dongguan Securities. The company intends to acquire 106.5 million shares of stock (7.1% of the total share capital), and Dongguan Financial Holding intends to acquire 193.5 million shares of stock (12.9% of the total share capital). The base price of the public listing and transfer of equity this time is 2.272 billion yuan. That is, the base price for our company to acquire 106.5 million shares of Dongguan Securities is 0.806 billion yuan, and the final transaction amount is subject to the actual bidding results.
东莞控股(000828.SZ)：拟参与竞拍东莞证券部分股权
Dongguan Development (000828.SZ): Intends to participate in the bidding for partial equity of Dongguan Securities.
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