Fosun Technology: Plans to List and Transfer 51% Equity of Controlling Subsidiary Chengdu Dongsheng for Public Offering

People’s Financial News, March 19 — Fosun Plastic Technology (000973) announced on March 19 that the company plans to transfer a 51% stake in its subsidiary, Chengdu Dongsheng Packaging Materials Co., Ltd. (referred to as “Chengdu Dongsheng”), through a public listing at the Property Rights Exchange Center. The initial listing price for this transaction is set at 75.429 million yuan.

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