--- title: "Tatfook Technology plans to sell a 27% stake in Peitian Intelligent Manufacturing to recover liquidity" type: "News" locale: "en" url: "https://longbridge.com/en/news/244665345.md" description: "Tatfook Technology plans to sell 27% of its controlling subsidiary, Peitian Intelligent Manufacturing, for a transfer price of RMB 192 million. After this transaction, the company will still hold 63.49% of Peitian Intelligent Manufacturing, maintaining its controlling position. This move aims to enhance liquidity and improve operating cash flow to support the development of its main business and external expansion" datetime: "2025-06-16T09:02:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/244665345.md) - [en](https://longbridge.com/en/news/244665345.md) - [zh-HK](https://longbridge.com/zh-HK/news/244665345.md) --- # Tatfook Technology plans to sell a 27% stake in Peitian Intelligent Manufacturing to recover liquidity According to the announcement from Tatfook Technology (300134.SZ), based on the company's overall strategic planning and the current business development needs, the company intends to transfer part of its equity in its holding subsidiary, Shenzhen Peitian Intelligent Manufacturing Equipment Co., Ltd. (“Peitian Intelligent Manufacturing”). The company holds a 90.49% stake in Peitian Intelligent Manufacturing and plans to transfer 27% of its stake for RMB 192 million to Huaiyuan County Dayu Industrial Investment Group Co., Ltd. After the completion of this transaction, the company will hold a 63.49% stake in Peitian Intelligent Manufacturing and will still be the controlling shareholder of Peitian Intelligent Manufacturing. This transaction will not lead to any changes in the scope of the company's consolidation. The sale of 27% of the equity in Peitian Intelligent Manufacturing, while maintaining control over it, is beneficial for the company to recover liquidity. Therefore, under the premise that the company's main business development momentum needs to be further enhanced and operational cash flow needs to be improved, the company aims to release part of its equity in Peitian Intelligent Manufacturing to obtain liquidity, better support the development of its main business, and achieve a positive cycle of investment promoting development through the expansion of its traditional main business's upstream and downstream ### Related Stocks - [300134.CN](https://longbridge.com/en/quote/300134.CN.md) ## Related News & Research - [01:00 ET"Greatest Tomatoes from Europe" Returns to the USA to Celebrate the Quality, Heritage, and Versatility of European and Italian Canned Tomatoes](https://longbridge.com/en/news/287007471.md) - [Polytechnic students create AI chatbot to improve access to special needs resources and support](https://longbridge.com/en/news/286932477.md) - [Hisense Home Appliances Deploys RMB1.81 Billion into Chongqing Trust Wealth Products](https://longbridge.com/en/news/286888326.md) - [US cyber agency CISA exposed reams of passwords and cloud keys to the open web](https://longbridge.com/en/news/286937105.md) - [Finsbury Growth & Income Trust Director Reinvests Dividends into Company Shares](https://longbridge.com/en/news/286940848.md)