Kai Da Catalysis: Planning to sell 30 million yuan worth of equity in a wholly-owned subsidiary

Kai Da Catalysts Announcement. In order to further optimize the Company’s asset structure, integrate resource allocation, and in line with its strategic plan, the Company intends to transfer 100% of the equity it holds in Jiangxi Kai Da New Material Technology Co., Ltd. to Jiangxi Jiesen New Material Co., Ltd. at a price of RMB 30 million. After the transaction is completed, the Company will no longer hold equity in Jiangxi Kai Da, and Jiangxi Kai Da will no longer be included in the Company’s consolidated financial statement scope. This transaction does not constitute a major asset restructuring and does not constitute a related-party transaction. The proposal was deliberated and approved at the 18th meeting of the Fourth Session of the Board of Directors, with 9 votes in favor, 0 votes against, and 0 abstentions.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin