Core Viewpoint - The company announced a reduction in capital for its wholly-owned subsidiaries Tianhua Bairun and Yixing Real Estate, amounting to 500 million yuan and 630 million yuan respectively, while maintaining full ownership and control over these subsidiaries [1] Financial Performance - For the period of January to September 2025, Tianhua Bairun reported revenue of 39.1458 million yuan and a net profit of 4.418 million yuan [1] - Yixing Real Estate reported revenue of 3.4045 million yuan and a net loss of 2.9559 million yuan during the same period [1] Corporate Actions - The capital reduction does not involve related party transactions and does not constitute a major asset restructuring, but it still requires compliance with legal procedures [1]
苏宁环球:拟对部分子公司合计减资11.3亿元