Shenzhen Sunxing Light Alloys Materials (603978.SH) announced that the company plans to transfer the 100% equity of its wholly-owned subsidiary, Sunxing Light Alloys Materials (Huizhou), to Taiwan Ringer Technology (Guangdong), with the equity transfer price of 80.4418 million yuan.
Wisdom Financial App News, Shenzhen Sunxing Light Alloys Materials (603978.SH) announced that the company plans to transfer the 100% equity of its wholly-owned subsidiary, Sunxing Light Alloys Materials (Huizhou) Co., Ltd. (hereinafter referred to as" Huizhou Sunxing "or" the target company ") to Taiwan Ring Technology (Guangdong) Co., Ltd. (" Guangdong Taiwan Ring Technology ") for 80.4418 million yuan.
The transfer of 100% equity of Huizhou Sunxing in this transaction is based on the overall operational development needs of the company, in line with the overall strategic layout of the company, and will not have a negative impact on the company's operations, production, and business development. This transaction is beneficial for optimizing the company's asset structure, activating assets, achieving effective allocation of company resources, further enhancing the company's cash flow, promoting the long-term stable development of the company, and is in the interest of all investors and the company.
