ST DDMC plans to list and transfer 45% equity of its holding subsidiary Time Media
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ST DDMC plans to sell a 45% stake in its controlling subsidiary Time Media through a public transfer method, and after the transaction, Time Media will no longer be included in the consolidated financial statements. Hubei Jiu Yu Real Estate Appraisal Co., Ltd. conducted an appraisal of Time Media, and the appraisal results show that the total equity value of its shareholders is RMB 6.058 million, with an appreciation rate of 16,297.86%
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