Tianyuan Source Plans to List 21% Stake in Subsidiary at Minimum Price of RMB 20,000

English summary

On August 20, Tianyuan Source announced that it plans to publicly list its 21% equity interest in the subsidiary Xi'an Chuangdian Think Tank Business Consulting Management Co., Ltd. on a state-owned asset trading platform, with a minimum listing price of RMB 20,000; the final price will be determined by the listing transaction. The transaction has completed state-owned asset approval procedures and does not require shareholder approval; whether it will change the consolidated reporting scope is uncertain.