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Teda Shares: Plans to transfer 51% equity of Teda Energy for 187 million yuan
People’s Finance News, April 3—Teda Co., Ltd. (000652) announced on April 3 that the company plans to transfer the 51% equity interest it holds in Tianjin Teda Energy Group Co., Ltd. (referred to as “Teda Energy”) to Tianjin Teda Supply Chain Management Co., Ltd. (referred to as “Teda Supply Chain”). The transaction price is 187 million yuan. The transaction consideration will be paid in cash. Upon completion of this transaction, the listed company will no longer hold any equity interest in Teda Energy.