On September 4, 2026, Mingpai Jewelry (SZ002574) announced that it had transferred 100% of its wholly-owned subsidiary, Zhejiang Mingpai Caliro Jewelry Co., Ltd., to Shaoxing Yiming Enterprise Management Co., Ltd. The transaction value was 288 million yuan. The transaction was approved by the shareholders’ meetings of both parties and came into effect. The payment will be made in installments in cash, with the final payment due by November 15, 2026. During the transition period, Caliro’s rights will remain owned by Mingpai Jewelry, and after the period expires, they will be transferred to the transferee. After the transaction is completed, Caliro will no longer be included in Mingpai Jewelry’s consolidated financial statements. As of the announcement date, the balance of transactions between the two parties was -56.131 million yuan, and there were no guarantees, financial management arrangements, or instances of misappropriation of funds.
On September 4, Mingpai Jewelry (SZ002574) plans to transfer 100% of the equity in its wholly-owned subsidiary, Zhejiang Mingpai Caliro Jewelry Co., Ltd., to Shaoxing Yiming Enterprise Management Co., Ltd. for 288 million yuan. The transaction becomes effective after being approved by the shareholders’ meetings of both parties. The payment will be made in installments in cash, with the final payment due by November 15, 2026. During the transition period, the rights to the equity will belong to Mingpai Jewelry, and after the period expires, they will belong to the transferee. After the transaction is completed, Caliro Company will no longer be included in Mingpai Jewelry’s consolidated financial statements. As of the announcement date, the balance of transactions between the two parties was -56.131 million yuan, with no guarantees, financial management, or capital occupation issues.