Dongwang Times announced that the company plans to purchase no more than 100% of the total equity held by the shareholders of Chongqing Huixian Youce Technology Co., Ltd. by paying cash. The consideration of this transaction is expected to be 400 million yuan to 450 million yuan, which is expected to constitute a major asset restructuring. Chongqing Huixian is mainly engaged in the investment and operation management of apartment air energy and hot water projects in the education industry, the construction and service of building energy-saving projects, the development of energy consumption supervision platform system and relevant energy-saving technology research and development, and invested in the construction of campus air energy and hot water supply system in the BOT operation mode, so as to obtain the user's stable and sustainable project income right for a long time, At present, more than 140 projects have been invested and constructed in key universities across the country, with an investment amount of more than 400 million yuan.
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