Dec 20, 2021 05:29 PM (GMT+8) · EqualOcean
Cailian, Dec. 20 (Xinhua) -- Zhongchuang logistics announced that the company plans to transfer 24% of the equity of its holding subsidiary Zhongchuang Yuanzhi supply chain management (Shanghai) Co., Ltd. ("Zhongchuang Yuanzhi") to Liu Qing at a price of 1.2 million yuan. Since Liu Qing is now the deputy general manager and director of the company and is a related party of the company, this equity transfer constitutes a related party transaction.