
BRANDMAX: The preliminary determined transfer price for this inquiry is RMB 9.51 per share
BRANDMAX announced that based on the inquiry subscription situation on September 22, 2025, the preliminary determined inquiry transfer price is RMB 9.51 per share. The number of institutional investors participating in this inquiry transfer bidding and subscription is 18, with a total effective subscription of 21.78 million shares, corresponding to an effective subscription multiple of 1.07 times. The shares intended for transfer in this inquiry have been fully subscribed, and the preliminary determined transferees are 18 institutional investors, with a total number of shares to be transferred of 20.4363 million shares

