Tianyong Intelligent: Plans to sell 49% equity of Jiangsu Tianyong for 15.68 million yuan.
Tianyong Smart announced on the evening of June 20th that the company plans to transfer 49% of the equity of its wholly-owned subsidiary, Jiangsu Tianyong Smart Engineering Co., Ltd., to Yancheng Ziji Technology Innovation Investment Center, with a transfer price of 15.68 million yuan. After this transaction is completed, the company will still hold 51% equity of Jiangsu Tianyong.
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