--- title: "HiTech Develop plans to transfer 100% equity of its subsidiary Haifa Fangxin for 90.6595 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/247281150.md" description: "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" datetime: "2025-07-04T09:37:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/247281150.md) - [en](https://longbridge.com/en/news/247281150.md) - [zh-HK](https://longbridge.com/zh-HK/news/247281150.md) --- # HiTech Develop plans to transfer 100% equity of its subsidiary Haifa Fangxin for 90.6595 million yuan According to the announcement from HiTech Develop (600082.SH), in order to further optimize the company's asset structure, the company plans 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 ### Related Stocks - [600082.CN](https://longbridge.com/en/quote/600082.CN.md) ## Related News & Research - [Flow Pharma U.S. Patent Application Allowed for Issuance Covering Broad-Spectrum Ebola Therapy](https://longbridge.com/en/news/287076761.md) - [UAE-India economic, investment ties witnessing rapid growth: UIBC-UC](https://longbridge.com/en/news/286880497.md) - [The Kingfish Company Calls Extraordinary General Meeting in June 2026](https://longbridge.com/en/news/287170369.md) - [ZAWYA: KIB Group, represented by KIB Invest, acts as Joint Lead Manager in landmark $700mln Sukuk issuance by First Abu Dhabi Bank](https://longbridge.com/en/news/287054139.md) - [Vitacore Announces World-First Custom-Fit CPAP Mask Following Health Canada MDL Approval](https://longbridge.com/en/news/287207301.md)