Shanghai Sanmao Enterprise (600689.SH) plans to transfer its 6% equity stake in Shuanglong Company through listing.
Shanghai Sanmao (600689.SH) issued an announcement that, in order to further optimize existing assets and improve the efficiency of asset operation, the company transferred its 6% equity in Shanghai Shuanglong High-Tech Development Co., Ltd. (referred to as "Shuanglong Company") through public listing on the Shanghai United Property Rights Exchange. The transaction price was 1.54 million RMB, and the counterparty was Shanghai Longtou (Group) Co., Ltd. (referred to as "Longtou Co."). After the completion of this transaction, the company will no longer hold equity in Shuanglong Company.
Shanghai Sanmao Enterprise (600689.SH) announced that, in order to further optimize existing assets and improve the efficiency of asset operation, the company has transferred its 6% equity stake in Shanghai Long Dragon High-Tech Development Co., Ltd. (referred to as "Double Dragon Company") through public listing on the Shanghai United Property Rights Exchange. The transaction price was 1.54 million yuan, and the counterparty was Shanghai Dragon Corporation. After this transaction is completed, the company will no longer hold any equity in Double Dragon Company.
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