Liantai Environmental Protection announced that the company plans to sell 100% of the shares of Hunan Liantai Environmental Protection Co., Ltd. and 100% of the shares of Shantou Liantai Water Co., Ltd. to Yujie Enterprise Management Co., Ltd. in cash, for a total transaction price of 1,611 billion yuan. The 23rd meeting of the 5th board of directors of the company has reviewed and approved the major asset sale report, and the counterparty has completed internal decision-making procedures; the transaction still requires procedures such as review by the shareholders' meeting of the listed company, registration and confirmation of the transaction partner's internal state-owned assets, and centralized review by the operator, and there is uncertainty about the completion time. The transaction consideration is paid in installments, and the final payment of the remaining 20% of the equity transfer is linked to matters relating to the repayment of Chenghai Water Services service fees, the acquisition of funds from the Chenghai Water Special Debt, and the financial review and deduction of the project in the sale of assets.

Zhitongcaijing · 2d ago
Liantai Environmental Protection announced that the company plans to sell 100% of the shares of Hunan Liantai Environmental Protection Co., Ltd. and 100% of the shares of Shantou Liantai Water Co., Ltd. to Yujie Enterprise Management Co., Ltd. in cash, for a total transaction price of 1,611 billion yuan. The 23rd meeting of the 5th board of directors of the company has reviewed and approved the major asset sale report, and the counterparty has completed internal decision-making procedures; the transaction still requires procedures such as review by the shareholders' meeting of the listed company, registration and confirmation of the transaction partner's internal state-owned assets, and centralized review by the operator, and there is uncertainty about the completion time. The transaction consideration is paid in installments, and the final payment of the remaining 20% of the equity transfer is linked to matters relating to the repayment of Chenghai Water Services service fees, the acquisition of funds from the Chenghai Water Special Debt, and the financial review and deduction of the project in the sale of assets.