Sichuan Dowell Science and Technology Inc. (300535.SZ): publicly listed for the transfer of 62.5% equity and debts of the holding subsidiary Weiyuan Timber.

Gelonghui Finance · Nov 14, 2024 05:36

On November 14th, Gelonghui reported that sichuan dowell science and technology inc. (300535.SZ) announced that the company intends to publicly list the debt-bearing transfer of its 62.5% equity in its controlling subsidiary Weiyuan Wood Industry at the property rights trading center, while also transferring the debts owed to Weiyuan Wood Industry by the company and its wholly-owned subsidiary asia vets. The company plans to transfer the 62.5% equity of Weiyuan Wood Industry for 0 yuan, with the initial listing price based on the total debt balance of 0.144 billion yuan owed by the parent company and asia vets to Weiyuan Wood Industry as of August 31, 2024. After this trade is completed, the company will no longer hold equity in Weiyuan Wood Industry, and it will not be included in the company's consolidated financial statements. The company has submitted the "Property Rights Transfer Information Disclosure Application" to Chongqing United Exchange and it has been accepted, with the initial announcement period for listing set from November 14, 2024, to November 20, 2024. There are risks associated with whether this transaction will be successful, and uncertainties regarding the final trading counterpart, trading price, and other factors.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

达威股份(300535.SZ)：公开挂牌转让控股子公司威远木业62.5%股权及债权

Sichuan Dowell Science and Technology Inc. (300535.SZ): publicly listed for the transfer of 62.5% equity and debts of the holding subsidiary Weiyuan Timber.

Risk Disclaimer

Statement