China Hi-Tech announced on the evening of July 1 that Wuhan Guoxin, a wholly-owned subsidiary of the company, plans to transfer 89.33% of its shares in Beijing Wanshunda Real Estate Development Co., Ltd. through public listing channels. The listing price will not be less than 16.9431 million yuan. The final transfer price will be determined based on the public listing results. After the transaction was completed, the company and its subsidiaries no longer held shares in Wanshunda, and the company no longer included them in the scope of consolidated statements.

Zhitongcaijing · 07/01 10:25
China Hi-Tech announced on the evening of July 1 that Wuhan Guoxin, a wholly-owned subsidiary of the company, plans to transfer 89.33% of its shares in Beijing Wanshunda Real Estate Development Co., Ltd. through public listing channels. The listing price will not be less than 16.9431 million yuan. The final transfer price will be determined based on the public listing results. After the transaction was completed, the company and its subsidiaries no longer held shares in Wanshunda, and the company no longer included them in the scope of consolidated statements.