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Guotou Fengle: Plans to pre-list for transfer of 51% equity in Fengle Agrochemical
Guotou Fengle Announcement: The company plans to pre-list on the Shanghai United Assets and Equity Exchange to transfer 51% of the equity of its wholly-owned subsidiary, Anhui Fengle Agrochemical Co., Ltd. After the transaction is completed, it will still hold 49% of the equity, and Fengle Agrochemical will no longer be included in the consolidated financial statements. It is expected not to constitute a major asset reorganization as defined by the “Administrative Measures for Major Asset Restructuring of Listed Companies.” As of December 31, 2025, Fengle Agrochemical’s total assets are 936 million yuan, total liabilities are 380 million yuan, owners’ equity is 556 million yuan, with operating revenue of 1.03B yuan and net profit of 5.0386 million yuan in 2025.