On December 6, Gronghui announced that Shengtai Group (605138.SH) revealed a comprehensive planning by Tianhong Trading's shareholders. In conjunction with the company's global strategy development plan, in order to focus on the main business and further optimize the asset structure, Hunan Xinma, a wholly-owned subsidiary, intends to transfer its 15.6580% equity in Tianhong Trading to Yangzhou Xinjia Eco-friendly Concept. The equity transfer amount is 280.0159 million yuan (tax included). After this equity transfer, Hunan Xinma will no longer hold any equity in Tianhong Trading.
盛泰集团(605138.SH)：子公司湖南新马拟将持有的天虹贸易15.6580%股权协议转让给扬州信佳环保
Shengtai Group (605138.SH): Subsidiary Hunan Xinma intends to transfer its 15.6580% equity in Tianhong Trading to Yangzhou Xinjia Eco-Friendly Concept by agreement.
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