ST Changfang (300301.SZ) plans to publicly list and transfer Pingshan Changfang Industrial Park and Changfang Group building.

Zhtng Cijng APP News, ST Changfang (300301.SZ) announced that the company intends to bundle and transfer Pingshan Changfang Industrial Park and Changfang Group Building owned by the company through public listing. According to the evaluation report issued by Shanghai Zhonghua Asset Appraisal Co., Ltd. ("Zhonghua Appraisal") on the target assets, the company plans to publicly list and transfer the target assets at a base price of 374 million yuan on Shenzhen United Property Exchange Co., Ltd., with the highest bidder winning the bid; if no qualified intended transferee is solicited at the end of the initial listing period, the company plans to conduct a second listing at a price not lower than 311 million yuan. The duration of each listing is 5 working days. If no qualified intended transferee is solicited or the transaction is not completed after the two public listings, the company will terminate the listing of the target assets.