According to the Zhitong Finance App, Tongyu Heavy Industries (300185.SZ) announced that the company plans to transfer 100% of its wholly-owned subsidiary Changzhou Haijie Metallurgical Machinery Manufacturing Co., Ltd. (hereinafter referred to as “Changzhou Haijie”) through a public listing with a property rights trading agency. This equity transfer is in line with the company's strategic plan to focus on its main business and accelerate transformation and development. It helps the company optimize resource allocation, improve asset quality, concentrate resources to support core business development, and enhance the overall performance of listed companies.