China 21st Century Education Group's Subsidiary Cancels 13 Pre-Sale Contracts

MT NewswiresJul 18 09:25 ET

21century edu: Plans to sell 51% equity of Zhejiang Peijian Technology for 13.5 million yuan.

21century edu (01598) announced that on July 4, 2024, one of the company's operating entities in China, Hebei Zerui Education Technology Co., Ltd., plans to sell 51% equity of Zhejiang Peijian Technology Co., Ltd. to Chen Qinghua, Shi Yuhong, Wang Xiaoqing, Chen Qianliang, and Wang Shuxian for RMB 13.5 million. After calculating and considering the current effective policies and the financial situation and profitability of the target company, the board of directors believes that selling the equity of the target company will enable the group to realize investment income, optimize its capital structure, and increase the group's liquidity and reserves. After the delivery, the target company will no longer

新浪港股Jul 4 20:06 ET

China 21st Century's Entity in China Disposes All of Its 51% Equity Interest in Subsidiary

MT NewswiresJul 4 09:58 ET

21century edu (01598): Intends to sell 51% equity of Zhejiang Peijian Technology for 13.5 million yuan.

21century edu (01598) announced that on July 4, 2024, one of the company's China operation entities, Hebei Zerui...

Zhitong FinanceJul 4 07:31 ET

Express News | China 21St Century Education Sees Unaudited Book Gain Before Tax and Expenses of RMB1.83 Mln on Disposal

ReutersJul 4 07:28 ET

Express News | China 21St Century Education - Disposal for RMB13.50 Mln

ReutersJul 4 07:28 ET