Beijing UniStrong Science & Technology (002383.SZ) plans to publicly transfer 65% of its equity in Shanghai Titan.
Hezhong Sizhuang (002383.SZ) announced that it intends to transfer 65% of its equity in Shanghai Titan Communication Engineering Co., Ltd. (Shanghai Titan) through a public listing at the Henan Provincial Property Transaction Center. The initial listing price is set at 32.6821 million yuan. This transaction is expected to be completed by 2026 and to enhance the company's net profit in 2026, as well as to help optimize the asset structure and eliminate non-core business segments that lack competitiveness.
Beijing UniStrong Science & Technology (002383.SZ) announced that the company plans to publicly list the transfer of its 65% stake in Shanghai Titan Communication Engineering Co., Ltd. (referred to as Shanghai Titan) at the Henan Provincial Property Exchange Center. The initial listing price for this transaction is set at 32.6821 million yuan. The transaction is expected to complete delivery by 2026, which will enhance the company's net profit for that year and help optimize its asset structure by clearing out non-core business operations that lack competitiveness.
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