Ge Long Hui A P P·2025-12-24 11:10Core Viewpoint - The company *ST Modern (002656.SZ) announced an internal restructuring of its subsidiary equity to optimize governance, enhance asset operation efficiency, and focus on core business development [1] Group 1: Equity Restructuring - The equity restructuring aims to achieve centralized management of quality targets, reduce investment risks, and enhance the company's sustainable development capabilities [1] - The restructuring aligns with the company's long-term development strategy and the interests of all shareholders [1] Group 2: Specifics of the Restructuring - The restructuring involves the transfer of equity from the wholly-owned subsidiary Modern Avenue Fashion E-commerce Co., Ltd., Guangzhou Canudilo International Brand Management Co., Ltd., and the 90% owned subsidiary Shannan Canudilo Trading Co., Ltd. to the wholly-owned subsidiary Guangzhou Shidan Trading Co., Ltd. [1] - After the restructuring, the subsidiaries E-commerce, Canudilo International, and Shannan Trading will become 100% owned subsidiaries of Shidan Trading, which already holds 10% of Shannan Trading [1]