
HONGHUA GROUP plans to sell approximately 6.9152% of its equity in Chengdu Jinkong Financing Leasing Co., Ltd. for 85.764 million yuan

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HONGHUA GROUP plans to sell approximately 6.9152% of its equity in Chengdu Jinkong Financing Leasing Co., Ltd. held by its subsidiary for 85.764 million yuan. This sale will result in the group no longer holding any equity in the company, aiming to optimize the asset structure, reduce risks associated with non-core financial businesses, and improve financial conditions. The board of directors believes that this move is in the overall interest of the company and all shareholders
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