Gongjin Medical, a subsidiary of Gongjin Co., Ltd. (603118.SH), intends to transfer 90% of the equity of Jiangsu Suhang for 42.3 million yuan

2021-10-27 13:51:56

Gongjin Co., Ltd. (603118.SH) announced that Shanghai Gongjin Medical Technology Co., Ltd. ("Gongjin Medical"), a wholly-owned subsidiary of the Company, intends to transfer its 90% equity interest in Jiangsu Suhang Medical Equipment Co., Ltd. ("Jiangsu Suhang") to Jiangsu Zhuozun Medical Device Co., Ltd. ("Zhuozun Medical") for RMB 42.3 million.

It is reported that this asset disposal will help the company optimize the asset structure, so that the company can focus on the reform and innovation and development of the communications industry, improve operational efficiency, reduce management costs, and conform to the company's overall interests and strategic development needs.

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