Partnership Interest Transfer Agreement for Baosheng Media Group Holdings Limited

2026-04-08SEC Filing 6-K (0001104659-26-040975)

Baosheng Media Group Holdings Limited, through its subsidiary Beijing Xunhuo E-Commerce Co., Ltd., has entered into a Partnership Interest Transfer Agreement to sell its 42.8571% partnership interest in Guangzhou Shanxingzhe Technology Investment LLP to Guangzhou Yichuanghui Enterprise Management Consulting Co., Ltd. for RMB 15,000,000. The transfer, valued at approximately US$2,179,408.94, is based on an independent appraisal of RMB 15,160,402.31. The payment will be made in three installments by June 30, 2026. Upon completion of registration, Beijing Xunhuo will no longer hold any rights or interests in the transferred partnership. The agreement includes standard representations and warranties, ensuring the partnership interest is free from encumbrances and that other partners do not object to the transfer. This transaction is aimed at optimizing resource allocation and supplementing working capital.

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