Xiangyang bearing disclosed, the company intends to 7.0013 million yuan of reserve held by the transfer of publicly listed medical Reach 40% of the shares.
After assessment, the overall valuation of the medical Zhiyuan 17.5031 million yuan. Therefore, the Xiangyang bearing to 7.0013 million yuan will be held by the equity transfer of the reserve price, in Wuhan Optical Valley United Property Rights Exchange public listing.
According to information, Zhiyuan Medical was founded in November 1996, Xiangyang Bearing in December 1997 to June 1998 has invested 4 million yuan shares Zhiyuan health care, 40% of its total share capital, agreed to co-operation period of 15 years has been past due. To focus on the main bearing industry, the company s board of directors it was decided to recover the investment, transfer of shares held by Zhiyuan health.
After assessment, the overall valuation of the medical Zhiyuan 17.5031 million yuan. Therefore, the Xiangyang bearing to 7.0013 million yuan will be held by the equity transfer of the reserve price, in Wuhan Optical Valley United Property Rights Exchange public listing.