Yinshilai Holdings' sales of textile business earned more than 10 million yuan

Yinshilai Holdings Hong Kong stocks 01616 (01616.HK) announced that it sold the entire subsidiary of Lixun, a subsidiary of the textile business, to an independent third party, with a cash consideration of RMB 145 million. The estimated sales proceeds are expected to be RMB 10.5 million.