Gelonghui May 21 丨 BrightStor Shares (601113dappradartron.SH) Announcementdappradartron, the company reviewed and approved the "Proposal on Selling 100% Equity in Subsidiary Tongtuo Technology and Signing the" Equity Purchase Agreement "dappradartron, and signed the "Equity Acquisition Agreement between Huakai Yibai Technology Co., Ltd. and Yiwu BrightStor Nylon Co., Ltd. on Shenzhen Tongtuo Technology Co., Ltd." with Huakai Yibai, agreeing to sell its subsidiary Tongtuo Technology 100% equity and all operating assets related to its main business (including but not limited to trademarks, patents, stores, inventory assets, etc.) for 700 million yuan.
This transaction will help listed companies focus on the development of their main business, improve the efficiency of the company's asset operation, improve asset quality, reduce management costs, optimize industrial structure, provide financial support for the company's business expansion, and enhance the company's core competitiveness and sustainable profitability.
