Great Oriental (600327.SH) announced on December 13th that the company plans to transfer 44% of the shares of the participating company Shanghai Dongrui Insurance Agency Co., Ltd. ("Shanghai Dongrui") to Wuxi Commercial Building Group Oriental Automobile Co., Ltd. ("Dongrui") at a proposed transfer price of 1 million yuan.
After the completion of this transfer, the company will no longer hold the equity of "Shanghai Dongrui".