Suning plans to transfer the full benefits of 11 wholly owned subsidiaries

Absrtact: October 14, Suningyun Business announced today evening that the company's 11 stores under the ownership of the house and the corresponding land use rights to set up a wholly owned subsidiary, at a price of not less than 4.011 billion yuan to 11 wholly-owned subsidiaries of the entire equity transfer

October 14, Suningyun issued a notice today, announced that the company's 11 stores under the ownership of the house and the corresponding land use rights to set up a wholly owned subsidiary, At no less than 4.011 billion yuan price will be 11 wholly-owned subsidiaries of the transfer of all the interests of the recipient of the Citic Stone Fund to launch the establishment of private investment funds and related parties.

It is reported that the 11 stores are Beijing Tongzhou century Lian-hua store, Beijing Liu Jia Yao Dian, changzhou South Avenue Shop, Wuhan Tanggu Pier Shop, Chongqing Guanyin Bridge pedestrian Street shop, Chongqing Jiefang Monument Shop, Kunming small Garden Shop, Chengdu Chunxi Shop, Chengdu million-yard shop, Chengdu West Avenue and Xian Road shop.

Suningyun in the announcement, said the transaction in the protection of store property long-term stable use at the same time, by activating the stock of assets, access to financial support, improve assets, capital use efficiency, but also to promote the company O2O integration Development further consolidate the advantages of store resources, promote enterprise transformation and upgrading.