Huijin Co., Ltd. (300368.SZ) announced that the company intends to transfer through the public listing of Hebei Property Market Co., Ltd...
According to the Zhitong Finance App, Huijin Co., Ltd. (300368.SZ) announced that the company plans to transfer 51% of the shares of the holding subsidiary Chongqing Yunxing Wangsheng Technology Co., Ltd. (“Yunxing Wangsheng”) through the public listing of Hebei Property Market Co., Ltd., with a reserve price of 242 million yuan for listing and transfer. Yunxing Wangsheng is a holding subsidiary of the company holding 51% of the company's shares. Its main business is data center planning, investment, construction, operation, and maintenance services.
According to reports, the sale aims to further optimize the company's resource allocation, improve asset profitability, and focus on the main business of intelligent manufacturing. Once the transaction is completed, the company will no longer hold shares in Yunxing Wangsheng, and Yunxing Wangsheng will no longer be included in the scope of the company's consolidated statements.