Toyou Feiji Electronics (300302.SZ): plans to transfer all partnership interests in Shanghai Fuxi for 66 million yuan.
Tongyou Technology (300302.SZ) announced that its wholly-owned subsidiary, Hunan Tongyou Feiji Technology Co., Ltd., and Ningbo Meishan Bonded Port Area Tongyou Feiji Equity Investment Co., Ltd. hold 80% and 20% partnership property interests in Shanghai Fuxi Venture Capital Center (Limited Partnership) (referred to as "Shanghai Fuxi"), respectively. The company plans to transfer all of Shanghai Fuxi to Hangzhou Tengyue Enterprise Service Limited Liability Company and Beijing Xinjutinghui Semiconductor Technology Partnership (Limited Partnership) for 66 million yuan. After the transfer is completed, the company's wholly-owned subsidiary will no longer hold any partnership property interests in Shanghai Fuxi, and Shanghai Fuxi will no longer be included in the company's consolidated financial statements.
Toyou Feiji Electronics (300302.SZ) announced that its wholly-owned subsidiary Hunan Tongyou Feiji Technology Co., Ltd. and Ningbo Meishan Bonded Port Area Tongyou Feiji Equity Investment Co., Ltd. respectively hold 80% and 20% partnership property interests in Shanghai Fuxi Venture Capital Center (Limited Partnership) (referred to as Shanghai Fuxi). The company intends to transfer Shanghai Fuxi in its entirety to Hangzhou Tengyue Enterprise Service Co., Ltd. and Beijing Xinjutuangui Semiconductor Technology Partnership (Limited Partnership) for a price of 66 million yuan. Following the completion of the transfer, the companys wholly-owned subsidiary will no longer hold any partnership property interests in Shanghai Fuxi, and Shanghai Fuxi will no longer be included in the companys consolidated financial statements.
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