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Yunnan Water (06839.HK) plans to sell 89.995% equity in Gongyi Water Affairs for 67.374 million yuan.
On July 12th, Gelonhui announced that Yunnan Water (06839.HK) signed a property transaction contract with the buyer on July 12, 2024. Accordingly, the company agreed to sell and the buyer agreed to purchase 89.995% equity of Gongyi Waterworks for RMB 67.374 million. Gongyi Waterworks is a limited company registered in China, in which the company holds 89.995% equity. Gongyi Waterworks is mainly engaged in the production of tap water (for projects that require approval by law, business activities can only be carried out after approval by relevant departments). This is based on the company's global strategy and internal development.
Express News | Yunnan Water Investment Co - Co to Sell 89.995% Stake in Gongyi Water Resources for RMB67.4 Mln
Yunnan Water intends to sell 75% equity of Zhongfa in Wuxi, 100% equity of Yunsen in Wuxi and 100% equity of Yunsen in Ehu.
Yunnan Water (06839) announced that on June 24, 2024, the company (as the seller) entered into the following contracts with the buyer (Wuxi Pinghu Clean Water Technology Co., Ltd.): (a) Wuxi Zhongfa Property Rights Trading Contract, under which the company agrees to sell and the buyer agrees to purchase 75% equity of Wuxi Zhongfa with a price of RMB 95,900,600; (b) Wuxi Yunsui Property Rights Trading Contract, under which the company agrees to sell and the buyer agrees to purchase 100% equity of Wuxi Yunsui with a price of approximately RMB 57,046,000; (c) Ehu Yunsui Property Rights Trading Contract, under which the company agrees to sell and the buyer agrees to purchase Ehu's equity.
Express News | Yunnan Water Investment - to Sell 100% Stake in Wuxi Yunshui for RMB57 Mln
Express News | Yunnan Water Investment Company Ltd - Co to Sell 75% Stake in Wuxi Zhongfa Water Investment for RMB95.9 Mln
Yunnan Water (06839) plans to sell 65% equity of Lishui Water for 80.5894 million yuan.
Yunnan Water (06839) announced on the Smart Financial News app that, on June 14, 2024, the company (as the seller) entered into a property trading contract with the buyer (Li County State-owned Asset Operation and Management Center), under which the company agreed to sell and the buyer agreed to purchase 65% equity of Lizhou Water Affairs for approximately RMB 80.5894 million. After the sale, the company will no longer own any equity in Lizhou Water Affairs, which is mainly engaged in the production and supply of tap water and the construction and operation of engineering projects (which can only be conducted after approval by the relevant departments in accordance with the law). This is based on the company's global strategy.
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