Tianyin Holdings (000829.SZ) plans to list and sell 100% of its shares in Tianyin Mobile

According to the Zhitong Finance App, Tianyin Holdings (000829.SZ) issued an announcement. In order to optimize the Group's resource allocation and focus on investing in high-growth strategic new businesses, the company plans to list and sell 100% of the shares of the wholly-owned subsidiary Tianyin Mobile Communications Co., Ltd. (“Tianyin Mobile”) at a listing price of 130 million yuan.

The company's plan to sell 100% of its shares in Tianyin Mobile will help the company optimize resource allocation, focus on strategic new businesses, and improve quality and efficiency. At the same time, new partners will introduce new resources to Tianyin Mobile, which is conducive to Tianyin Mobile's future business development.