Packaging And Sale Of Textile Assets &Nbsp; ST Will Focus On Stem Cell Main Business.
In order to concentrate on the main business of stem cells, ST source will package the textile assets. The company announced today that it will hold Hubei's spring flowers. Spin 64.45% of the company's shares, 51% of the Shanghai Wang Chun Hua Import and export trading company and the company's historical debt of 7 million 961 thousand and 200 yuan for the Chunhua textile company, the package is transferred to Jiangyin Chunhua company, the transfer price is 14 million 800 thousand yuan. The company said that although the transfer would bring a certain loss, it could completely get rid of the drag on the performance of the textile business for a long time.
The company said that although the price of the transaction has a certain discount, it will bring about a loss of about 9 million 200 thousand yuan in 2010, but it will help to further highlight the company. stem cells The main industry has completely stripped the traditional textile's long run on the company's performance.
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