HiTech Develop plans to transfer 100% equity of its subsidiary Haifa Fangxin for 90.6595 million yuan
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According to the Zhitong Finance APP, HiTech Develop announced that in order to further optimize the company's asset structure, it intends to transfer 100% equity of its wholly-owned subsidiary Tianjin Haifa Fangxin Real Estate Co., Ltd. (referred to as "Haifa Fangxin") to Tianjin Hitech Real Estate Development Co., Ltd. (referred to as "Hitech Real Estate") through a non-public agreement at a price of 90.6595 million yuan
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