Dec 13, 2021 07:10 PM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 13 - Tai'an church announced that the company intends to transfer 100% of the equity of Shantou Tai'an Investment Development Co., Ltd. ("Tai'an investment", "Party C" and "target company") wholly held by the company to Shantou real estate Hexin Co., Ltd. ("real estate Hexin", "Party B" and "Transferee"). On the same day, the company signed the equity transfer agreement with Party B, The total consideration of this transaction is 240 million yuan. After the equity transfer, Tai'an investment will no longer be included in the scope of the company's consolidated statements.