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China COSCO Shipping plans to transfer 50% equity of its joint venture with Gu Ye for 10.3252 million yuan.
On January 20th, Jinshi Data reported that Sinotrans Hikari plans to transfer 50% of its equity in Guno Joint Venture Company through public listing on the Shanghai United Exchange, with a reserve price of 10,325,200 yuan. Guno Joint Venture Company has a registered capital of 30 million yuan, and the company holds a 50% equity stake. Guno Joint Venture Company’s operating income in 2023 was 199 million yuan, with a net profit of 6,031,500 yuan; its operating income from January to May 2024 was 97,270,400 yuan, with a net profit of 4,468,300 yuan. After the transaction is completed, the company will no longer hold any equity in Guno Joint Venture Company.