XianDao JiDian: A Fully-Owned Subsidiary Intends to Divest a 10% Equity Interest in Zhongjing Zhixin for 150 Million Yuan
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Author:小编   

XianDao JiDian (600641.SH) has made an announcement stating that its fully-owned subsidiary, Chizhou Wanye Technology Development Co., Ltd., is set to divest its 10% equity interest in the joint venture, Suzhou Zhongjing Zhixin Semiconductor Partnership (Limited Partnership), to Nanjing Quanyi Technology Co., Ltd., Nanjing Yuanfu Technology Co., Ltd., and Nanjing Diyuan Technology Co., Ltd., at a price of 150 million yuan. Upon completion of the divestment, Chizhou Wanye will relinquish all its holdings in Zhongjing Zhixin. It is anticipated that this transaction will yield a profit of around 50 million yuan (subject to unaudited figures).