Airport Corp plans to sell 80% equity of Tianyuan Construction to divest its construction engineering business
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Airport Corp announced plans to sell 80% of the equity of its controlling subsidiary Tianyuan Construction to Beijing Airport Economic Development Co., Ltd. After the transaction is completed, it will no longer hold this equity, and its main business will no longer include construction engineering. This transaction will help improve the company's asset quality and enhance its sustainable operating capacity and profitability
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