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Quanyangquan to list all shares of Yuanqu Garden for sale at 321 mln yuan
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Quanyangquan, a Chinese company, announced on September 22 that its board has approved a formal public listing to sell its 100% stake in Suzhou Industrial Park Landscape Engineering Co., Ltd. The stake will be split into three tranches of 51%, 30%, and 19%, with a total minimum listing price of 321 million yuan. The company had previously disclosed a pre-listing for the sale. The transaction has received approval from state-owned asset regulatory authorities and completed the filing for state-owned asset evaluation. The sale still requires approval from the company's third extraordinary general meeting of shareholders in 2026.
Source report
September 22 (Jin10 Data) — Quanyangquan has announced a formal public listing plan to sell its 100% equity stake in Suzhou Industrial Park Landscape Engineering Co., Ltd.
According to the company's announcement, the board of directors has approved the formal public listing plan, which will split the equity into three tranches for sale:
- 51%
- 30%
- 19%
The total base price for the listing is set at 321 million yuan.
The company previously disclosed its intention to pre-list the 100% equity stake for public transfer.
The relevant matters have received approval from state-owned asset regulatory authorities and have completed the filing for state-owned asset evaluation. The plan is still subject to review at the company's third extraordinary general meeting of shareholders in 2026.
Source
金十数据Neutral / independent
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Quanyangquan to sell 100% stake in Suzhou garden subsidiary for 321 million yuan