Yunnan City Investment Co., Ltd. (600239.SH) plans to list and transfer 70% equity of its subsidiary Zhongjian Suifeng.

China Fortune Finance and Economics APP news, Yunnan Urban Investment (600239.SH) announced that, in order to further optimize its asset structure, improve cash flow, ensure timely recovery of investments, and lock in investment returns, the company plans to transfer 70% equity of Zhongjian Suifeng Property Co., Ltd. ("Zhongjian Suifeng") through public listing. The minimum transfer price for this public listing is 329 million yuan, and it cannot be lower than the evaluation value filed by the relevant state-owned assets supervision and administration department or unit with filing authority. The final transaction price and transaction counterparty will be based on the results of the public listing transaction.