Baiying Holdings Group Ltd. Completes Disposal of Target Group, Ceases Interest in Entities

Reuters

06-13

Baiying Holdings Group Ltd. Completes Disposal of Target Group, Ceases Interest in Entities

Baiying Holdings Group Ltd. has announced the completion of the disposal of its Disposal Target Group. Following the completion of this transaction, Baiying Holdings no longer holds any direct or indirect interest in the members of the Disposal Target Group. As a result, these entities will no longer be included in Baiying's consolidated financial statements. The completion took place on June 13, 2025, with all conditions under the Sale and Purchase Agreement fulfilled and the consideration paid in full by the purchaser. The announcement was made by the company's Chairman, Zhou Shiyuan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baiying Holdings Group Ltd. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.

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Completes Disposal of Target Group, Ceases Interest in Entities","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Baiying Holdings Group Ltd. Completes Disposal of Target Group, Ceases Interest in Entities\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Baiying Holdings Group Ltd. has announced the completion of the disposal of its Disposal Target Group. Following the completion of this transaction, Baiying Holdings no longer holds any direct or indirect interest in the members of the Disposal Target Group. As a result, these entities will no longer be included in Baiying's consolidated financial statements. 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Completes Disposal of Target Group, Ceases Interest in Entities\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-13 18:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Baiying Holdings Group Ltd. Completes Disposal of Target Group, Ceases Interest in Entities\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Baiying Holdings Group Ltd. has announced the completion of the disposal of its Disposal Target Group. Following the completion of this transaction, Baiying Holdings no longer holds any direct or indirect interest in the members of the Disposal Target Group. As a result, these entities will no longer be included in Baiying's consolidated financial statements. The completion took place on June 13, 2025, with all conditions under the Sale and Purchase Agreement fulfilled and the consideration paid in full by the purchaser. The announcement was made by the company's Chairman, Zhou Shiyuan.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baiying Holdings Group Ltd. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1186","symbol_name":"特殊金融服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250613:nNDL1Hb3Wy:1","article_id":"2543683839","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543683839","pubTimestamp":1749809091,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Baiying Holdings Group Ltd. has announced the completion of the disposal of its Disposal Target Group. 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