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Hezhong Sizhuang (002383.SZ) plans to publicly list and transfer 65% of Shanghai Titan's shares

Zhitongcaijing·08/04/2026 13:41:19
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Zhitong Finance App News, Hezhong Sizhuang (002383.SZ) announced that the company plans to transfer 65% of the shares in Shanghai Titan Communications Engineering Co., Ltd. (“Shanghai Titan”) in the form of a public listing at the Henan Property Exchange Center. The deal is intended to use RMB 32.6821 million as the initial listing price. The transaction is expected to be completed in 2026 and increase the company's net profit in 2026, which will help the company optimize its asset structure and clean up uncompetitive non-main businesses.