According to 300468.SZ the commitment letter of the Company's controlling shareholder, Yiqun Group Holdings Limited, and Zhou Zhiqun, the actual controller of the Company, on cooperating with Shenzhen Sifang Jingchuang Information Co., Ltd. in the disposal of financial investments, Sifang Jingchuang Information (Hong Kong) Co., Ltd., a wholly-owned subsidiary of the Company, intends to transfer 36.67% of the QFpay Hao Jin FinTech Limited (Qianfang Haojin Financial Technology Co., Ltd.) ("Qianfang Haojin Financial Technology Co., Ltd.") held by the Company. The equity was transferred to Yiqun Group Holdings Limited for RMB21.1515 million.
After the completion of the equity transfer, the subsidiary Sifang Jingchuang Information (Hong Kong) Co., Ltd. no longer holds the equity of Qianfang Haojin.