Chengdu Siwi Science And Technology Co. Ltd. Announces Potential Disposal of Subsidiary Putian New Material via Public Tender
Reuters
Aug 28
Chengdu Siwi Science And Technology Co. Ltd. Announces Potential Disposal of Subsidiary Putian New Material via Public Tender
Chengdu Siwi Science and Technology Company Limited has announced its intention to dispose of its entire equity interests in its wholly-owned subsidiary, Chengdu Putian New Material Company Limited, through a public tender process. The company has published a public tender notice for the disposal interests on August 28, 2025, at the Chongqing United Assets and Equity Exchange. The disposal process involves entering into an Equity Transfer Agreement with a purchaser for the acquisition of 100% equity interest in Putian New Material. The valuation of Putian New Material was conducted by China Faith Appraisers, as indicated in a valuation report dated February 28, 2025.
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