Hunan Friendship&Apollo Commercial Co LtdSelling its 9% stake in Zixing Pudong Development Village Bank for 28.24 million yuan, expected to bring a gain of about 14.02 million yuan and positively impact 2026 financials.
Youa Shares plans to transfer its 9% stake in Zixing Pudong Development Village Bank to Shanghai Pudong Development Bank for 28.24 million yuan, and will no longer hold any equity in the bank after the transaction. The announcement shows that as of June 30, 2025, Zixing Pudong Development had total assets of 2.976 billion yuan, total liabilities of 2.663 billion yuan, and net assets of 313 million yuan, with a net loss of 46.18 million yuan in the first half of 2025. The transaction is expected to bring Youa Shares a gain of about 14.02 million yuan and have a positive impact on its 2026 financial statements, without involving any change in the scope of consolidated statements. Youa Shares achieved revenue of 208 million yuan in the first quarter of 2026, with net profit attributable to the parent company of 42.39 million yuan.
Hunan Friendship&Apollo Commercial Co LtdSelling its 9% stake in Zixing Pudong Development Village Bank for 28.24 million yuan, expected to bring a gain of about 14.02 million yuan and positively impact 2026 financials.
Shanghai Pudong Development Bank Co LtdAcquiring a 9% stake in Zixing Pudong Development Village Bank for 28.24 million yuan, expanding its investment.