Yonghui Supermarket: The price of selling the remaining equity of Yunjin Technology is reasonable.
Yonghui Supermarket announced that the company has received a regulatory work letter from the Shanghai Stock Exchange regarding the sale of assets and has already replied. The company's previous sales of equity in Yunjin Technology include the establishment of Yunjin Technology in 2019, and the sale of partial equity to Paihui Technology in 2024 and 2025. The pricing of this transaction is based on the results of the public market listing. Since no potential buyers were identified, the remaining equity was ultimately agreed to be transferred to Paihui Technology at a price of 80 million yuan. The company believes that selling the remaining equity at a price below book value and historical valuation is reasonable, mainly due to factors such as the decline in the performance of the target company, tightening industry regulatory policies, and restricted liquidity of the equity.
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