B · Normal
[Lian Tai Environmental Protection: Plans to sell 100% equity of Hunan Luen Tai and Shantou Luen Tai for RMB 1.611 billion] On September 29, Luen Tai Environmental Protection (603797.SH) announced that the company plans to transfer 100% equity of Hunan Luen Tai and 100% equity of Shantou Luen Tai to an outstanding investor. The counterparty will pay the consideration for this transaction in cash. After the completion of this transaction, the listed company no longer holds 100% equity of Hunan Luentech and 100% equity of Shantou Luentech. The listed company still holds part of the equity of Shantou Luentech's holding subsidiaries, including 40% equity of Sunan Water , 40% equity of Subei Water, 39.50% equity of Xinxi Water, 39% equity of Chenghai Water, 39% equity of Guanbu Water, 39% equity of Chaoying Water, 15% equity of Chaohai Water, and 15% equity of Chengxi Water. According to the "Equity Transfer Agreement" signed by the two parties on September 29, 2026, the transfer price of Shantou Luantai was RMB 590 million and the transfer price of Hunan Luantai was RMB 1.021 million, as agreed upon by both parties, for a total of RMB 1.611 million. This transaction constitutes a major asset reorganization and does not constitute a related transaction or reorganization and listing. The company stated that this transaction will help resolve liquidity risks and debt repayment risks, reduce the scale of accounts receivable, and optimize the asset and liability structure. The main business is still urban and rural domestic sewage treatment.
A-share announcement express 🕐 2026-09-29 19:21

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