Zhitong Financial APP News, Tianyu Information (300205.SZ) issued an announcement that in order to divest the lossmaking assets business and focus on the company's main business, the company plans to sign an equity transfer agreement with Shenzhen Shenchuang Intelligence Group Co., Ltd. (referred to as "Shengchuang Intelligence"). Transfer 77.0370% equity of Wuhan Tianyu Education Technology Co., Ltd. (referred to as "Tianyu Education") held by Shengchuang Intelligent Co., Ltd. The transaction price is RMB 40 million.
The announcement points out that the loss-making assets spun off by the company are transferred by the enterprise controlled by Yan Chunyu, one of the actual controllers of the company, and will provide funds to repay the company's loan for Tianyu education. Shenchuang Intelligence is used to pay the transfer price of shares and the arrears of Tianyu information come from its own or self-raised funds.