Yuyuan Group (600655.SH) plans to transfer 100% equity and debt of Ningbo Xingjian for 150 million yuan.
Chinatop Finance APP News, Yuyuan Stock (600655.SH) announced that the company and its subsidiaries plan to transfer their 100% equity interest in Ningbo Xingjian Asset Management Co., Ltd. ("Ningbo Xingjian") and the debt owed to Ningbo Xingjian as of November 20, 2025 to Ningbo Plastics Co., Ltd. (referred to as "Ningbo Plastics") for a total transaction price of 150 million yuan. After the completion of this transaction, the company will no longer hold equity in Ningbo Xingjian, and Ningbo Xingjian will no longer be included in the company's consolidated financial statements.
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