On June 5th, Gelunhui reported that New Universal Science and Technology (300472.SZ) plans to transfer its 97.01% equity in Asia Vets (Beijing) Technology Co., Ltd. (referred to as "Asia Vets") held for RMB 1 million to Sanhe Huateng Beitong Equipment Co., Ltd. (referred to as "Huateng Beitong"), and signed the "Equity Transfer Agreement". After the completion of the equity transfer, Asia Vets will no longer be a subsidiary of the company, and Asia Vets and its subsidiaries will no longer be included in the company's consolidated financial statements.

During the period when Asia Vets was a subsidiary of the company, the company provided loans to support its daily operations. As of the completion of the equity transfer, the loan balance was RMB 1274.855 million. After the completion of the equity transfer, the loan will passively form the situation where the company provides financial assistance to external parties, which essentially continues the daily operating loan of the original subsidiary. The company, Asia Vets, and Huateng Beitong have signed a repayment agreement, which specifies the specific repayment arrangements and plan for the passive financial assistance formed in this transaction, and provided guarantees. Due to Asia Vets' current unstable production and operation status, there is a risk of inability to recover the funds. The company will closely monitor the development of Asia Vets' operations and actively urge Asia Vets to fulfill its repayment obligations.