Yinbaoshanxin announced on May 22 that in order to optimize assets and management structure, improve asset efficiency, ease operating capital pressure, reduce operating risks, and concentrate on developing advantageous businesses and enhance profitability, the company plans to transfer 80% of the shares of its subsidiary Nantong Yinbao through a public listing transfer method.
银宝山新：拟公开挂牌转让南通银宝80%股权
Yinbaoshan New: Plans to publicly list and transfer 80% of Nantong Yinbao's shares
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