Aug 09, 2021 04:28 PM (GMT+8) · EqualOcean
Jiangsu Shuntian announced the announcement on carrying out related party transactions with Jiangsu Shuntian International Group Co., Ltd. the main content of the related party transaction is that the company transfers 34.21% equity of Jiangsu Shuntian international group light textile import and Export Co., Ltd. ("Shuntian light textile company") held by the controlling shareholder of the company, Jiangsu Shuntian International Group Co., Ltd. ("Shuntian group") with an estimated value of 54.205 million yuan. After the completion of the transaction, Shuntian light textile company will become a wholly-owned subsidiary by the holding subsidiary of the company.