Intelligent Hotel Group Ltd. (ZHJD): M&A transaction — Intelligent Hotel Group disposes wholly owned subsidiary SCQC Agricultural for nil

Intelligent Hotel Group Ltd.

Disposed 100% equity in SCQC Agricultural Co., Ltd. for zero Chinese yuan.
Subsidiary was engaged in bio-carbon-based fertilizer trading; deemed non-core.
Disposal completed on April 28, 2025.
Buyer is Chenjiang Zhang, an independent third party.
Part of strategy to streamline operations and focus on core business.

item 1.01 item 2.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Intelligent Hotel Group Ltd. completed a disposition involving Chenjiang Zhang for nil (closed 2025-04-28).

Action: disposition
Counterparty: Chenjiang Zhang
Consideration: nil
Closing: 2025-04-28

Exact text from the filing

On April 28, 2025, the Company completed the disposition of its indirect wholly owned subsidiary, SCQC Agricultural Co. Limited, pursuant to the Disposal Agreement.

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Source: SEC EDGAR

accession 0001641172-25-016213

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