[exclusive | Galanz wholly-owned subsidiary reported that Yunsai Zhaopin and its holding subsidiary were suspected of transferring assets of listed companies at low prices. Senior executives of Yunsai Zhaopin denied] Financial Associated Press, June 14, the reporter of the Financial Associated Press learned from Galanz. On June 13, 2023, Guangdong Chuangyang Investment Management Co., Ltd., a wholly-owned subsidiary of Galanz, reported to the securities regulatory authorities that Yunsai Zhaopin and its holding subsidiary Shanghai Yangzijiang Investment and Development Co., Ltd. were suspected of transferring the assets of listed companies at low prices, seriously harming the interests of listed companies and minority shareholders, resulting in the loss of state-owned assets. The whistleblower said in the information that during the 40% equity transfer process of Shanghai Panasonic Microwave oven Co., Ltd., the transferor Yangzijiang Company (a subsidiary of Yunsai Zhaopin) maliciously excluded the whistleblower and other transferees from participating in the transferee, which was intended to make the foreign shareholders of the joint venture the sole transferee. In this connection, Cao Shihai, director of investment planning of Yunsai Zhaopin, was contacted by a reporter from the Financial Associated Press, who said that he denied the relevant allegations made by Glenn Shizi and that the relevant information had been submitted to the Shanghai United property Exchange. (financial Associated Press reporter Ren Chaoyu)