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Xingxing Technology: Sells Equity in Wholly-Owned Grandchild Company for a Total Transaction Price of 115 Million Yuan
2 week ago /
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Author：小编
On March 20, Xingxing Technology announced that its wholly-owned subsidiary, Xingxing Precision Technology (Shenzhen) Co., Ltd., plans to transfer 100% of the equity in Shenzhen Jiate Zhiyan Technology Co., Ltd. to Xingqiu Shou (Shenzhen) Health Technology Co., Ltd., with the transfer price set at 115 million yuan. After the transaction is completed, Jiate Zhiyan will no longer be included in the consolidated financial statements of Xingxing Technology.
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