According to Zhitong Finance App, Xiangshan Co., Ltd. (002870.SZ) issued an announcement. In order to further optimize the company's asset structure and resource allocation, revitalize idle assets, improve financial conditions, and focus on the main business, the company plans to transfer 100% of its wholly-owned subsidiary Effy Technology through public listing at the Guangdong Joint Property Exchange Center. The proposed reserve price for the initial listing transfer is 240 million yuan.

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