
Tianjin TEDA CO., Ltd. plans to sell 100% equity of Yangzhou Wanyun

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Tianjin TEDA CO., Ltd. announced that it will transfer 100% equity of its wholly-owned subsidiary Yangzhou Wanyun to Tianjin TEDA Asset Operation Management Co., Ltd. through a private agreement, with a transaction price of 2.593 billion yuan. This move aims to focus on the main business of ecological and environmental protection and gradually divest non-core assets. After the completion, Yangzhou Wanyun will no longer be included in the company's consolidated financial statements
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