[Zhongbai Group: Plans to transfer 100% equity of Zhongbai Logistics for RMB 71.32 million] On September 23, Zhongbai Group (000759.SZ) announced that the company plans to transfer 100% equity of Wuhan Zhongbai Logistics and Distribution Co., Ltd. to Wuhan Cereals and Oils Group Co., Ltd. for a transfer price of RMB 71.3221 million. This transaction constitutes a related transaction. The transferee Cereals and Oils Group and the company’s largest shareholder Wuhan Commercial Alliance are both state-owned enterprises affiliated with Wuhan Industrial Investment Holding Group. After the transaction is completed, the company will no longer hold the equity of Zhongbai Logistics, and it will no longer be included in the scope of consolidated statements.