Quanyangquan (600189.SH) plans to publicly list and transfer 100% of the shares in Park Garden Company

Zhitong Finance App News, Quanyangquan (600189.SH) announced that the company plans to submit an application for a public listing transfer of 100% of the shares held in Suzhou Industrial Park Landscaping Engineering Co., Ltd. (“Park Garden”) to the Jilin Changchun Property Exchange Center in the near future, and then officially list it after approval by the Jilin Changchun Property Exchange Center.

The transaction was approved by the company's state-owned assets supervisory authority, Jilin Changbaishan Forest Industry Group Co., Ltd., and the state-owned assets assessment and filing procedures for this transaction have been completed by the Jilin Provincial State-owned Assets Supervision and Administration Commission. The 100% shares of Park Garden in this public listing transfer are to be split into three parts: 51%, 30%, and 19% for listing transfer, with a total listing reserve price of about 321 million yuan.

This public listing transfer of the shares of Park Garden Company is in line with the company's development strategy, helps the company optimize its asset structure, further focus on developing the natural mineral water business, and enhance the company's overall profitability.