
CHINA RISUN GP sells unoperated subsidiary, realizing RMB 54.69 million
CHINA RISUN GP (01907.HK) announced a related transaction, selling all equity of Xingtai Xuyang Material New Technology to Xuyang New Energy. The latter has not yet officially commenced substantive business operations and is currently planning to construct a porous carbon project, with a cash consideration of RMB 54.69 million. The estimated sale proceeds are approximately RMB 33.77 million

