Zhenghong Technology (000702.SZ) announced that the company plans to entrust the Yueyang Property Exchange to publicly list the trading method...
Zhitong Finance App News, Zhenghong Technology (000702.SZ) announced that the company plans to entrust the Yueyang Property Exchange to transfer 100% of the shares of the company's wholly-owned subsidiary Tangshan Zhenghong Biological Feed Co., Ltd. (“Tangshan Zhenghong”) through a public listing transaction. The company was formed by restructuring the Tangshan Branch of Hunan Zhenghong Technology Development Co., Ltd. According to the assessment of Hunan Tianruihe Real Estate Land Co., Ltd., the assessed net assets value of Tangshan Zhenghong as of the evaluation reference date of December 31, 2023 was 9.2395 million yuan. The initial listing reserve price was not lower than the assessed price of 9.2395 million yuan. The final transfer price was based on the transfer price determined by the Property Rights Exchange in accordance with public bidding according to the transaction rules. After the listing transfer is completed, the company will no longer hold shares in Tangshan Zhenghong.
The company's current listing and transfer of shares in Tangshan Zhenghong is conducive to optimizing the company's asset structure, adjusting the industrial layout, improving the efficiency of the company's management and operation, and enhancing the company's sustainable development capabilities.
