---
title: "YTG is planning to sell its shares in Northeast Securities, and the transaction is still in progress"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/254982162.md"
description: "Jilin Yatai Co., Ltd. plans to sell its 20.81% stake in Northeast Securities to Changfa Group and 9% stake to Changchun Jin Control or its designated subsidiary. This transaction is a significant asset restructuring. Since March 28, 2024, the company has disclosed progress multiple times and is actively promoting due diligence and other work, but the transaction is still in the planning stage, with specific plans pending negotiation, and there are uncertainties. Investors need to be aware of the risks"
datetime: "2025-08-28T11:24:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/254982162.md)
  - [en](https://longbridge.com/en/news/254982162.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/254982162.md)
---

# YTG is planning to sell its shares in Northeast Securities, and the transaction is still in progress

On March 27, 2024, Jilin Yatai Co., Ltd. plans to sell 20.81% of its shares in Northeast Securities to Changfa Group and 9% of its shares to Changchun Jin Kong or its designated subsidiaries. This transaction constitutes a major asset restructuring. The company has disclosed progress multiple times since March 28, 2024. As of the announcement date on August 29, the company has been in continuous communication and negotiation with relevant parties regarding this major asset sale and is actively promoting due diligence and other work. However, this transaction is still in the planning stage, and the specific plan is pending verification and negotiation, requiring necessary decision-making and approval procedures, with related matters having uncertainties. The company will fulfill its information disclosure obligations in accordance with regulations and reminds investors to pay attention to risks

### Related Stocks

- [600881.CN](https://longbridge.com/en/quote/600881.CN.md)
- [000686.CN](https://longbridge.com/en/quote/000686.CN.md)

## Related News & Research

- [Hormuz shipping traffic capped amid competing claims from US and Iran](https://longbridge.com/en/news/295878428.md)
- [Antwerp diamond sector rejects link between Trump ring and tariff exemption](https://longbridge.com/en/news/295787581.md)
- [Yemen's Houthis say they attacked Saudi Aramco refinery in Jazan with two drones](https://longbridge.com/en/news/295819770.md)
- [Iran has not decided to resume US talks, says Hormuz shipping depends on US meeting conditions](https://longbridge.com/en/news/295990220.md)
- [Iran says Strait of Hormuz is under its control, Fars news reports](https://longbridge.com/en/news/295756738.md)