Gelonghui, January 4 | Yunnan Water (06839.HK) announced that the company has made a resolution on the sale and sale of interests (100% of the company's shares in Xiaoxian Yunshui). Since the company is a state-owned holding enterprise, the sale of rights constitutes a state-owned asset, and according to relevant Chinese laws and regulations governing the sale of state-controlled assets, the sale must be carried out through a public listing procedure through an approved property rights exchange. Potential sales will be carried out through the Yunnan Property Exchange, and the successful bidder will enter into a property rights transaction contract with the company in accordance with the relevant rules and regulations of the Yunnan Property Exchange.
Xiaoxian Yunshui was founded on December 17, 2015. It mainly invests in urban water supply and drainage, reclaimed water utilization, industrial wastewater, solid waste treatment and utilization, watershed treatment and environmental treatment projects.