Group 1 - The company, Xijiao International Holdings, announced a share transfer agreement to sell 100% equity of its subsidiary, Xi'an Changdian Education, for a provisional price of RMB 21.17 million [1] - The buyer, Guilin Shanshui No.1, will also assume shareholder debts of approximately RMB 51.1 million and other debts of about RMB 27.72 million, subject to adjustments as per the agreement [1] - The target company is a limited liability company registered in China, primarily engaged in education management and investment in the education sector [1] Group 2 - The sale is intended to help the company recover some funds to address debt and operational funding issues [2] - The board believes that the terms of the share transfer agreement are fair and reasonable, and that the sale is in the overall interest of the company and its shareholders [2]
希教国际控股(01765)拟出售西安长电教育100%股权