martingaleroulette| BrightStor Shares (601113.SH): Plans to sell 100% equity of subsidiary Tongtuo Technology and all operating assets related to its main business for 700 million yuan

Gelonghui May 21 丨 BrightStor Shares (601113martingaleroulette.SH) AnnouncementmartingalerouletteThe company reviewed and approved the "Proposal on Selling 100% Equity Equity in Subsidiary Tongtuo Technology and Signing the" Equity Purchase Agreement ", and signed the" Equity Purchase Agreement between Huakai Yibai Technology Co., Ltd. and Yiwu BrightStor Nylon Co., Ltd."The Company's Equity Purchase Agreement on Shenzhen Tongtuo Technology Co., Ltd.", agreeing to sell 100% equity in subsidiary Tongtuo Technology and all operating assets related to its main business for 700 million yuan (Including but not limited to trademarks, patents, stores, inventory assets, etc.).

This transaction will help listed companies focus on the development of their main business, improve the efficiency of the company's asset operation, improve asset quality, reduce management costs, optimize industrial structure, provide financial support for the company's business expansion, and enhance the company's core competitiveness and sustainable profitability.