---
title: "GZYJPCO: RMB 55.236 million to sell equity in affiliated company"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/230288856.md"
description: "GZYJPCO announced that it will transfer its 22.131% equity stake in Guizhou Xiniu Wang Printing Co., Ltd. for 55.236 million yuan to Guizhou Zhongxinhe Commercial Management Co., Ltd. The transaction has been approved by the board of directors and does not require a shareholders' meeting for deliberation. The transaction is subject to the completion of equity and payment delivery, which carries uncertainties. This move will help optimize the asset structure, improve liquidity and efficiency, and enhance cash flow. After the transaction, Zhongxinhe will hold a 52.131% equity stake in Xiniu Wang"
datetime: "2025-03-03T08:59:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/230288856.md)
  - [en](https://longbridge.com/en/news/230288856.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/230288856.md)
generator: "portal-rs"
---

# GZYJPCO: RMB 55.236 million to sell equity in affiliated company

GZYJPCO announced that the company intends to transfer its 22.131% equity stake in Guizhou Xiniuwang Printing Co., Ltd. to Guizhou Zhongxinhe Commercial Management Co., Ltd. for a transfer price of 55.236 million yuan. This transaction has been approved by the eighth meeting of the sixth board of directors and does not require submission to the shareholders' meeting for approval. The transaction is subject to both parties completing the equity and payment delivery before it can be officially completed, and there is uncertainty regarding the final successful implementation. This transaction is beneficial for integrating and optimizing the company's asset structure, improving asset liquidity and utilization efficiency, increasing operating funds, and enhancing cash flow. After the transaction is completed, Zhongxinhe will hold 52.131% of the equity in Xiniuwang

### Related Stocks

- [603058.CN](https://longbridge.com/en/quote/603058.CN.md)

## Related News & Research

- [India Tourism Development Corporation Limited (NSE:ITDC) Looks Like A Good Stock, And It's Going Ex-Dividend Soon](https://longbridge.com/en/news/298658400.md)
- [M Stanley: Capital Injection Dilution for ICBC Milder Than Forecast; ABC Equity Dilution In Line](https://longbridge.com/en/news/298162976.md)
- [Andina Copper Appoints Vice President Investor Relations; Announces Equity Grants](https://longbridge.com/en/news/298445051.md)
- [Reputation Pros Leads Adweek Roundup of Online Reputation Management Companies for Executives and Brands in 2026](https://longbridge.com/en/news/298613705.md)
- [BolognaFiere announces extraordinary shareholder meeting](https://longbridge.com/en/news/298304099.md)

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