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yunnan water intends to sell 100% equity of hyflux xinquan water(guanyun) co., ltd. for approximately 0.248 billion yuan
Yunnan Water Affairs (06839) announced that on November 12, 2024, Hyflux Xinquan Public Utility (a wholly-owned subsidiary of the company) (as the seller) and Guanyun County Water Affairs Group Co., Ltd. (as the buyer) entered into a property trade contract. Accordingly, Hyflux Xinquan Public Utility intends to sell 100% equity of Hyflux Xinquan Water (Guanyun) Co., Ltd. to Guanyun County Water Affairs Group Co., Ltd. for RMB 0.248 billion. The group expects to gain unaudited revenue of approximately RMB 23.31 million from the sale. It is reported that the target company owns a water supply project and a water treatment plant, with a total daily production scale
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