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UniStrong to change ownership, Zhengzhou state-owned will take over
Hezhong Si Zhuang (002383) announced on the evening of June 27, the controlling shareholder, the actual controller Guo Xinping and Zhengzhou Airport District Xinghui Electronics Technology Co. Agreement on Intention to Transfer Shares".

Specifically, Guo Xinping intends to transfer his 72,316,100 shares of HZSC, accounting for 9.7048% of the total share capital of the Company, to Xinghui Electronics; and at the same time, he will delegate the voting rights corresponding to his 76,715,500 shares of the listed company, accounting for 10.30% of the total share capital of the listed company, to be exercised by Xinghui Electronics.

If the change of interests is completed, Xinghui Electronics will directly hold 9.70% of the shares of HZSC and control 20% of the company's voting rights. Xinghui Electronics will become the largest single shareholder with the largest proportion of voting rights and the controlling shareholder of HZZ, and Zhengzhou Airport Economic Comprehensive Experimental Zone Management Committee will become the actual controller of HZZ.

At the same time, Guo Xinping and Xinghui Electronics signed the "Share Transfer Intention Agreement", Guo Xinping intends to transfer his 54,237,100 shares of Hezhong Strong, accounting for 7.2786% of the total share capital of the listed company, to Xinghui Electronics by way of agreement transfer after the release of the restriction on the shares or by other means determined by mutual agreement at that time; Guo Xinping intends to transfer his Guo Xinping intends to transfer his 22,478,500 shares, accounting for 3.0166% of the total share capital of the listed company, to Xinghui Electronics by way of block trade after the release of shares from restriction.

It is understood that the Xinghui Electronics Department Zhengzhou Airport Xingang Investment Group Co., Ltd. 100% shareholding of enterprises, Zhengzhou Airport Economic Comprehensive Experimental Zone Management Committee holds 100% of the shares of Zhengzhou Airport Xingang Investment Group Co. Xinghui Electronics business scope includes technology development, technology consulting, technology services, technology transfer in the field of electronic science and technology; electronic product research and development, production and sales, founded on October 16, 2018.

Zhengzhou Airport Economic Comprehensive Experimental Zone is approved by the State Council to set up the aviation economy pioneer area, is committed to the development of high-end manufacturing industry, to create the strongest supply chain system and industrial development environment in China, has begun to bear fruit, is the most attractive industrialization development demonstration area, the government's support for industry is extremely strong.

UPI said that the introduction of state-owned capital shareholders, help the company to optimize the shareholder structure, help to further enhance the company's creditworthiness and anti-risk ability, and enhance the company's brand, capital and market development capabilities. After the completion of this transaction, the company will be based on the smart city application needs of Zhengzhou Airport District, the development of "cloud + end" space-time Internet of Things application demonstration area, the formation of a smart city and the typical application of the smart industry, and gradually promote to Henan Province and the country to create space-time Internet of Things industrial applications.

After the completion of this transaction, UniStrong will be based on high-precision product terminals, intelligent handheld devices and vehicle-mounted terminals, as well as self-organizing network industry, relying on the capital advantages of shareholders, to form a certain industrial scale of the intelligent terminal manufacturing industry, and at the same time to drive upstream and downstream industry incubation and development, laying the foundation for the development of Henan Beidou industry.

It is worth mentioning that on February 28, 2019, Guo Xinping had signed a Share Transfer Agreement with Beijing Haidian District State-owned Capital Operation and Management Center (hereinafter referred to as "Haidian State-owned Assets"), agreeing that Guo Xinping would transfer 37,257,900 shares held by him (5% of the total share capital of Hezhong) to Haidian State-owned Assets. 5%) to Haidian State-owned Assets.

On the evening of June 27, Hopewell Strong synchronous announcement said that Guo Xinping and Haidian State-owned negotiated and reached an agreement, and signed the "Release Agreement on the Share Transfer Agreement of Beijing Hopewell Strong Technology Co. date.