Guolonghui November 27th | Fangyuan Shares (688148.SH) announced that after inquiring with institutions, the preliminary determined transfer price is 4.63 yuan per share, which is 81.51% of the closing price of 5.68 yuan per share on the pricing day of Fangyuan Shares' inquiry and transfer (November 27, 2024). There are 7 institutional investors participating in this inquiry and transfer quotation, including fund management companies, qualified overseas investors, private fund managers, and other professional institutional investors. The shares intended for transfer in this inquiry and transfer have been fully subscribed, and the preliminary identified transferees are 7 institutional investors, with a total intended transfer of 10,203,461 shares.