YA BANG plans to list and transfer 100% equity of its subsidiary YaRan Leasing
YA BANG announced that it plans to publicly list and transfer 100% equity of Lianyungang Yaran Housing Rental Co., Ltd. through Jiangsu Provincial Property Exchange. The initial listing price will not be lower than the asset appraisal results filed with the state-owned assets regulatory authority, and the transaction process will follow relevant regulations and legally fulfill the approval procedures
According to the Zhitong Finance APP, YA BANG (603188.SH) announced that the company intends to publicly transfer 100% equity of Lianyungang Yaran Housing Rental Co., Ltd. (referred to as "Yaran Rental") through the Jiangsu Provincial Property Exchange. The initial listing price for this public transfer will be determined based on the asset appraisal results filed with the state-owned assets regulatory authority, and the transaction process will be carried out in accordance with the relevant regulations of the Jiangsu Provincial Property Exchange and the "Operational Rules for State-owned Asset Transactions." The company will perform the corresponding approval procedures in accordance with the law and regulations
