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Foshan Lighting plans to sell out equity in Zhujiang Asset Management

It was learned from the Guangzhou Equity Exchange that 15.38% of the equity of Guangzhou Zhujiang Asset Management Co., Ltd. was recently listed for sale, with a listing price of 8.52 million yuan. The transferor is Foshan Lighting, and other shareholders will not give up their right of first refusal.
Zhujiang Asset Management has a registered capital of 65 million yuan and is a small state-owned commercial service organization. Guangzhou Financial Holding Group Co., Ltd. is the controlling shareholder, with a shareholding ratio of 46.15%. Guangzhou International Group Co., Ltd., Foshan Electrical and Lighting Co., Ltd. and Guangzhou Friendship Group Co., Ltd. hold 30.77%, 15.38% and 7.7% of the shares respectively.
Zhujiang Asset Management’s operating income in 2013 was 0, with a net profit loss of 10.96 million yuan; in the first four months of 2014, the company still had no revenue, with a net profit loss of 4.93 million yuan. Taking April 30, 2014 as the evaluation base date, the book value and evaluation value of the company's net assets are 43.62 million yuan and 50.39 million yuan respectively.
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