---
title: "Bauing Decoration: The company and its wholly-owned subsidiary Bauing Huike sold their total 100% equity in Bauing Construction to the controlling shareholder Da Hengqin Group"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/223580226.md"
description: "Bauing Decoration announced that the listed company and its wholly-owned subsidiary, Bauing Huike, will sell their total 100% equity in Bauing Construction to the controlling shareholder, Dahengqin Group. This transaction will be conducted through a non-public agreement transfer, with Dahengqin Group using its debt claims against the listed company and some cash as consideration for the payment. After the transaction is completed, Bauing Construction will no longer be included in the consolidated financial statements of the listed company"
datetime: "2024-12-30T13:30:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/223580226.md)
  - [en](https://longbridge.com/en/news/223580226.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/223580226.md)
generator: "portal-rs"
---

# Bauing Decoration: The company and its wholly-owned subsidiary Bauing Huike sold their total 100% equity in Bauing Construction to the controlling shareholder Da Hengqin Group

Bauing Decoration announced that the listed company and its wholly-owned subsidiary Bauing Huike will sell their total 100% equity in Bauing Construction to the controlling shareholder, Dahengqin Group. This transaction will be conducted through a non-public agreement transfer, with Dahengqin Group paying the consideration using its debt claims against the listed company and some cash. After the transaction is completed, Bauing Construction will no longer be included in the consolidated financial statements of the listed company

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**