Core Viewpoint - The company has agreed to transfer its 14.5455% stake in China New Transportation through a public listing, optimizing resource allocation by divesting a non-core asset [1] Group 1: Transaction Details - The stake transfer was approved on October 29, 2025, and the public listing commenced on November 20, 2025 [1] - The transaction was completed with Shengxin Investment as the buyer, and a contract was signed through the Xinjiang Property Rights Exchange [1] - The transfer price was set at 8.8238 million yuan, with Shengxin Investment having paid a deposit of 3.49 million yuan that can be deducted from the total [1] Group 2: Implications of the Transaction - The transaction does not constitute a related party transaction or a major asset restructuring [1] - Post-transaction, the company will no longer hold any equity in China New Transportation, indicating a strategic shift in asset management [1]
新疆交建:公开挂牌转让中新交通14.5455%股权达成交易