300205.SZ announced 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 Shengchuang Intelligence Group Co., Ltd. ("Shengchuang Intelligence") to transfer its 77.0370% stake in Wuhan Tianyu Education Technology Co., Ltd. ("Tianyu Education" or "target company") held by Shengchuang Intelligence Co., Ltd. ("Tianyu Education" or "target company").
After negotiation, the transaction price of 77.037% equity of Tianyu Education is set at 40 million yuan.