Pearl River Asset Management, October 0 Revenue, Foshan Lighting, plans to sell equity in Qingzhujiang

According to the Guangzhou Property Rights Exchange, 15.38% of the shares of Guangzhou Zhujiang Asset Management Co., Ltd. were listed and sold at a price of 5.52 million yuan. The transferor is Foshan Lighting, and other shareholders will not give up the exercise of the right of first refusal.

With a registered capital of 65 million yuan, Zhujiang Asset Management is a state-owned small business service organization. Guangzhou Financial Holdings Group Co., Ltd. is the controlling shareholder with a shareholding ratio of 46.15%. Guangzhou International Group Co., Ltd., Foshan Electrical and Lighting Co., Ltd. and Guangzhou Friendship Group Co., Ltd. hold 30.77%, 15.38% and 7.7% respectively.

In 2013, Zhujiang Asset Management had a operating income of 0 and a net profit loss of 10.96 million yuan. In the first four months of 2014, the company still had no revenue and a net profit loss of 4.93 million yuan. Taking April 30, 2014 as the benchmark date, the book value and valuation of the company's net assets were RMB 43.62 million and RMB 50.39 million, respectively.

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