Xinnanyang Only Education & Technology to Dispose of Stake in Shenwan Hongyuan's Subsidiary for 14 Million Yuan

MT Newswires Live

Jan 02

Shanghai Xinnanyang Only Education & Technology (SHA:600661) plans to offload its entire 0.30% holdings in a subsidiary of Shenwan Hongyuan Group (SHE:000166, HKG:6806) for 14.4 million yuan, according to a Thursday filing on the Shanghai bourse.

The Chinese education company's shares rose 2% during Friday's midday trade.

The stake of Shenyin & Wanguo Futures will be transferred to Shenwan Hongyuan.

After the transactions, Xinnanyang Only Education will no longer hold any equity in Shenyin & Wanguo, while Shenwan Hongyuan's stake in Shenyin & Wanguo will rise to 98.2% from 97.9%.

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Technology (SHA:600661) plans to offload its entire 0.30% holdings in a subsidiary of <a href=\"https://laohu8.com/S/SHHGF\">Shenwan Hongyuan</a> Group (SHE:000166, HKG:6806) for 14.4 million yuan, according to a Thursday filing on the Shanghai bourse.</p><p>The Chinese education company's shares rose 2% during Friday's midday trade.</p><p>The stake of Shenyin &amp; Wanguo Futures will be transferred to <a href=\"https://laohu8.com/S/000166\">Shenwan Hongyuan</a>.</p><p>After the transactions, Xinnanyang Only Education will no longer hold any equity in Shenyin &amp; Wanguo, while Shenwan Hongyuan's stake in Shenyin &amp; Wanguo will rise to 98.2% from 97.9%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0028","symbol_name":"国家队","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2600055801","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2600055801","pubTimestamp":1767328854,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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