PR Changcheng Bond: Changde City Construction Investment Group Co., Ltd. Announcement on Asset Transfer-
114173.SZ Bond short name:
1680002.IB / 127356.SH Bond short name:
16 Changde City Investment Bond
/ PR Changde debt
1380066.IB / 124172.SH Bond short name:
13 Changde City Investment Bond
/ PR Changcheng Investment
1080104.IB Bond short name:
10 Changde City Investment Bonds
162621.SH Bond short name:
Changde City Construction Investment Group Co., Ltd.
Announcement on asset transfer
All directors of the company or persons with equivalent responsibilities guarantee that the contents of this announcement do not contain any false records,
Misleading statements or major omissions,
And assume corresponding legal responsibility for the authenticity, accuracy and completeness of its content.
I. Overview of asset transfers
According to the Notice of the State-owned Assets Supervision and Administration Commission of the Changde Municipal People's Government on the Related Issues of the Equity Transfer
 Circular 24)
Changde City Construction Investment Group Co., Ltd. (hereinafter referred to as "the Company")
Changde City Water Supply Co., Ltd. (hereinafter referred to as "city water company"), Changde Municipal Construction Co., Ltd.
100% equity was transferred to Changde City Development Group Co., Ltd.
The financial report for the third quarter of 2019, the main financial data of the entities involved in this transfer are as follows:
Unit: 10,000 yuan
Transfer company name
Percentage of total assets in consolidated statements
Percentage of net assets in consolidated statements
/ (Net loss
Percentage of net profit in consolidated statements
Changde Tap Water Co., Ltd.
Changde Municipal Construction Co., Ltd.
The transfer of the above-mentioned subsidiaries has no material adverse impact on the company's daily management, production and operation, and solvency. As of now, relevant industrial and commercial change registration procedures have been completed.
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