FilingReader Intelligence
Yanhua Smartech restructures Chengdu Yixing with state-backed investment
March 21, 2025 at 05:02 AM UTC•By FilingReader AI
Shanghai Yanhua Smartech Group [SZSE:002178] announced it will cede control of its subsidiary, Chengdu Yixing Technology, in a deal involving a capital increase and share expansion with Sichuan Provincial Guotou Asset Management. Sichuan Guotou will invest ¥75 million, comprised of ¥25 million in cash and ¥50 million through the transfer of its 24.7619% stake in Chengdu Acdemic Star Digital Health Software to Chengdu Yixing.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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