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Hezhong Sizhuang announced that the company plans to transfer 65% of its shares in Shanghai Titan in the form of a public listing at the Henan Property Exchange Center, with an initial listing price of 32.6821 million yuan. The transaction has been approved by the board of directors, does not constitute a major asset restructuring, and does not require review by the shareholders' meeting. On April 30, 2026, Shanghai Titan's net assets were 41.751 million yuan, with an estimated value-added value of 8.5549 million yuan, and a value-added rate of 20.50%. The deal is expected to be completed in 2026 and increase net profit. Proceeds will be used for the company's operations. There is uncertainty about the outcome of the deal.

Zhitongcaijing·08/04/2026 12:09:16
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Hezhong Sizhuang announced that the company plans to transfer 65% of its shares in Shanghai Titan in the form of a public listing at the Henan Property Exchange Center, with an initial listing price of 32.6821 million yuan. The transaction has been approved by the board of directors, does not constitute a major asset restructuring, and does not require review by the shareholders' meeting. On April 30, 2026, Shanghai Titan's net assets were 41.751 million yuan, with an estimated value-added value of 8.5549 million yuan, and a value-added rate of 20.50%. The deal is expected to be completed in 2026 and increase net profit. Proceeds will be used for the company's operations. There is uncertainty about the outcome of the deal.