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Shenda Shares ((600626): Completed The Transaction Of Transferring 100% Equity Of Eryin Company

2021/4/7 14:09:00 2

Shenda SharesTextile StocksThe Latest Announcement

Shenda (600626. SH) announced that the company intends to transfer 100% of its equity of Shanghai No.2 printing and dyeing factory Co., Ltd. (hereinafter referred to as the second printing and dyeing Co., Ltd.) through the Shanghai United Property Exchange (SEHK) with an appraisal value of no less than 507 million yuan recorded by the state-owned assets.

During the period from December 10, 2020 to January 7, 2021, the company transferred 100% of the rights and interests of the above-mentioned second printing company through the stock exchange. During the period, it collected a qualified interested party, Suzhou Xuanliang Trading Co., Ltd. ("Suzhou Xuanliang" and "Transferee"), with the transfer price of RMB 507 million. In March 2021, the company signed the property right transaction contract with Suzhou Xuanliang, obtained the property right transaction certificate issued by the stock exchange, and received the full price of this transfer transaction.

According to the announcement, the company actively cooperated with the transferee to complete the industrial and commercial change registration procedures of the second printing company recently, and the transaction has been completed.

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