---
title: "FPT plans to sell 100% equity of Jiangxi Yihong to optimize its industrial structure"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229426927.md"
description: "According to the announcement from Xingtian Technology, the company plans to transfer all equity of its wholly-owned subsidiary Jiangxi Yihong Electronic Technology Co., Ltd. (referred to as \"Jiangxi Yihong\"). After the transaction is completed, the company will no longer hold any equity in Jiangxi Yihong, and Jiangxi Yihong will no longer be included in the company's consolidated financial statements. The transfer price for the equity is set at 1 yuan. The announcement states that the purpose of this sale of 100% equity of the wholly-owned subsidiary and related transaction is to optimize the company's industrial structure and promote healthy development"
datetime: "2025-02-24T13:42:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229426927.md)
  - [en](https://longbridge.com/en/news/229426927.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229426927.md)
generator: "portal-rs"
---

# FPT plans to sell 100% equity of Jiangxi Yihong to optimize its industrial structure

According to the announcement from Zhitong Finance APP, FPT (300256.SZ) announced that the company plans to transfer all equity of its wholly-owned subsidiary Jiangxi Yihong Electronic Technology Co., Ltd. (referred to as "Jiangxi Yihong"). After the transaction is completed, the company will no longer hold equity in Jiangxi Yihong, and Jiangxi Yihong will no longer be included in the company's consolidated financial statements. The transfer price for the equity is set at 1 yuan.

The announcement stated that the purpose of this sale of 100% equity of the wholly-owned subsidiary and the related transaction is to optimize the company's industrial structure and promote the healthy development of the company

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**