Y.U.D. Yangtze River Investment Industry Co. Ltd.SSE: 600119

(600119)"Y.U.D. Yangtze River Investment Industry Co., Ltd."Announcement on Progress of the Transfer of All Equity Interests Held by the Company in an Investee Company by Public Listing

· Issued by Y.U.D. Yangtze River Investment Industry Co. Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 600119 · · 3 pages · Chinese

Summary by 6ix AI

The company has attempted to transfer its entire stake in Shanghai Guanleming Co., Ltd. through four public listings, but no interested buyers were found by the latest deadline. The board has authorized management to handle the transfer process, including setting prices and signing contracts, but the future of the transfer remains uncertain. Investors are cautioned about the risks associated with the potential failure of this equity transfer and its impact on the company's financial status.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/600119yud-yangtze-river-investment-industry-co-ltdannouncement-on-progress-of-the-transfer-of-all-equity-interests-held-by-the-company-in-an-investee-company-by-public-listing

Release

Announcement on Progress of the Transfer of All Equity Interests Held by the Company in an Investee Company by Public Listing

The abstract is for reference only. Please refer to the full text of the announcement on the very day.

Link of Full Text for Reference:

Y.U.D. Yangtze River Investment Industry Co. Ltd. on 6ix

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