ST Yuancheng announced that its wholly-owned subsidiary Industry Holding Co., Ltd. will transfer 51% equity of Yuelongshan Resort it holds to Tianjin Tongcheng based on the evaluation result for a transfer price of CNY 242 million. After the completion of this transaction, Yuelongshan Resort will no longer be included in the company's consolidated financial statements, and the company will no longer hold equity in Yuelongshan Resort.
ST元成：全资子公司拟将越龙山度假51%股权转让给天津同程
ST Yuancheng: Its wholly-owned subsidiary plans to transfer 51% equity of Yuelongshan Resort to Tianjin Tongcheng.
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