According to Zhitong Finance App News, Yingxin Development (000620.SZ) announced that the company's wholly-owned subsidiary, Changsha Tongguanyao Guofengyuan Cultural Tourism Co., Ltd. (“Changsha Tongguanyao”) plans to increase capital and expand its shares to introduce investors through public listing at the Beijing Property Exchange. The amount of capital increase is determined based on the final listing transaction price, and the company relinquishes priority capital payment rights for this capital increase. After the capital increase is completed, the investor's shareholding ratio of the target company exceeds 50% and not more than 70%. If this capital increase and share expansion are successfully implemented, after the transaction is completed, Changsha Tongguanyao will no longer be included in the scope of the company's consolidated statement.

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