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CSSC: The second listing transfer of 45% equity of Jiangnan Pipe has not yet collected intention transferees.
Jinshi data, December 2nd, China Ship Technology announced that the company's 45% equity interest in Jiangnan Shipbuilding Pipe Industry Co., Ltd. (Jiangnan Pipe Industry) has been publicly listed for the second time on the property exchange, but no intended transferee has been solicited so far. The company will continue to publicly list the equity of Jiangnan Pipe Industry at a price not less than 80% of the assessed value of the 45% equity, and the property exchange will continue. Due to the lack of intended transferees, there is still a risk of unsuccessful transfer in this public listing.