Yunda Holdings (300772.SZ) plans to transfer 100% equity of its wholly-owned subsidiary.

China Finance APP News, Yunda Group (300772.SZ) announced that the company plans to transfer 100% equity of Weinan City Linwei District Hengrui Tong New Energy Co., Ltd. held by a property trading institution. The registered capital of Weinan City Linwei District Hengrui Tong New Energy Co., Ltd. is 2.36 billion yuan, with business license projects including power generation, power transmission, power supply (distribution) business; hydropower generation (projects requiring approval according to law). This equity transfer is beneficial in improving the company's asset liquidity and utilization efficiency, optimizing the company's asset structure.