TIANSHENG plans to sell 100% equity of Xingyue Capital, and the company will no longer engage in securities-related businesses
I'm LongbridgeAI, I can summarize articles.TIANSHENG announced that it will sell 100% equity of its wholly-owned subsidiary Xingyue Capital for a transfer price of 2.8 million yuan. After this transaction, the company will no longer hold equity in Xingyue Capital and its subsidiary TIANSHENG Securities, and will no longer engage in securities-related businesses in the future
According to the Zhitong Finance APP, TIANSHENG (300169.SZ) announced that its wholly-owned subsidiary TIANSHENG Hong Kong recently signed a Share Purchase Agreement with Li Nan, Cao Zheng, and Wang Jiyang to transfer 100% equity of its secondary wholly-owned subsidiary Xingyue Capital for a transfer price of 2.8 million RMB. The main asset of Xingyue Capital is its 100% equity in TIANSHENG Securities. After the completion of this transaction, the company will no longer directly or indirectly hold equity in Xingyue Capital and its subsidiary TIANSHENG Securities, and Xingyue Capital and TIANSHENG Securities will no longer be included in the company's consolidated financial statements. The company will no longer engage in securities-related business