m_and_a
confidence high
sentiment neutral
materiality 0.60
Intelligent Hotel Group disposes wholly owned subsidiary SCQC Agricultural for nil
Intelligent Hotel Group Ltd.
- Disposed 100% equity in SCQC Agricultural Co., Ltd. for zero Chinese yuan.
- Subsidiary was engaged in bio-carbon-based fertilizer trading; deemed non-core.
- Disposal completed on April 28, 2025.
- Buyer is Chenjiang Zhang, an independent third party.
- Part of strategy to streamline operations and focus on core business.
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