Following this acquisition, Sichuan Minzu Publishing House will become a wholly owned subsidiary of Xinhua Winshare and thus be reflected in the consolidated accounts of Xinhua Winshare. The transaction will be performed via a non-public agreement transfer, with the payment made with the money available to Xinhua Winshare.

The transaction price will be determined according to the independent appraisal conducted with the valuation date of March 31, 2026. According to the income method, the value of total shareholders' equity of the publisher was assessed at RMB 345.747 million, while the book value was RMB 121.489 million.

For the year ending December 31, 2025, Sichuan Minzu Publishing House had RMB 10 million in registered capital with a revenue of RMB 185.418 million and net income of RMB 21.788 million. By March 31, 2026, the company’s total assets amounted to RMB 433.577 million.

In connection with the transaction, the seller has guaranteed minimum net income between 2026 and 2029 amounting to cumulative committed net income of at least RMB 58.834 million over the period. Any deficit will be made up via cash payment by the seller.

The transaction will require approval from relevant authorities with regard to the transfer of state-owned assets prior to closing. Xinhua Winshare has noted that the acquisition will broaden its portfolio as well as resolve any overlapping issue with its controlling stockholder.