Dongguan Holdings: Intends to publicly list and transfer 20% equity of Songshan Lake Microloan Company

On October 29th, Jinshi Data learned that Dongguan Holdings announced that the company plans to publicly transfer 20% of its equity in Songshan Lake Small Loan Company, which it holds, at a minimum price of 47,548,600 yuan. The relevant proposal for this transaction was reviewed and approved at the 37th meeting of the 8th Board of Directors of the company and does not require the approval of the shareholders’ meeting. If the transaction is successfully completed, the company will no longer hold equity in Songshan Lake Small Loan Company. This transaction aims to optimize the asset structure and is in line with the company’s overall strategic development direction and the interests of all shareholders.

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