Zhengye International clarifies RMB 7.88 million property disposal pricing basis

• Zhengye International issued a supplemental clarification on its April 27 property disposal, detailing pricing, proceeds use, and strategic rationale.
• Consideration set at RMB 7.88 million for 1,208.06 sq m, implying RMB 6,523 per sq m, benchmarked to comparable first-floor industrial assets.
• Pricing reflected a typical 10% discount to asking prices; board cited first-floor access and logistics suitability as supporting the valuation.
• Net proceeds allocation: 35% taxes, 55% Phase Two of the Zhigu Project, 10% working capital; expected disposal gain about RMB 3.89 million.
• Management said the sale is part of the Zhigu Project’s saleable area, with no expected impact on operations or production capacity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhengye International Holdings Company Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260612-12201559), on June 12, 2026, and is solely responsible for the information contained therein.