Xi'an Qujiang Cultural Tourism (SHA:600706) plans to offload its 38% equity interest in joint venture, Wenzhou Yandangshan Quwen Tourism Development for almost 23 million yuan, according to a Shanghai bourse filing on Thursday.
The Chinese tourism company established Yandangshan with Wenzhou Yandangshan Tourism Development Group, H&R Century United, and Beijing Henglixin Yuan Technology Investment in 2021.
The company will transfer the equity through public listing, the filing said.
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