ST Jintai (300225.SZ) plans to sell 34% equity stake in its affiliated company Yitai Ji Technology to optimize asset allocation.

Zhixin Finance APP news, *ST Jintai (300225.SZ) announced that the company plans to transfer 34% equity of its jointly-owned company Shenzhen Yitai Ji Technology Co., Ltd. to Rizhao Yitian Investment Partnership (Limited Partnership) at a transaction price of 328 million yuan. After the completion of the transaction, the company will no longer hold equity in Yitai Ji Technology. This transfer of equity in Yitai Ji Technology is expected to impact the company's current profit and loss by approximately -3.09 million yuan. Over the entire investment period in Yitai Ji Technology, the cumulative impact on the company's profit and loss is estimated to be approximately 4.43 million yuan.