June 12 (NBD) -- Shanghai Yuyuan Tourist Mart Co Ltd ("Yuyuan", 600655.SH), which is principally engaged in distribution of general merchandise and provision of technology on import and export business, announced Tuesday the sale of 12.7 million shares in Bank of Shanghai Co Ltd (601229.SH) between January 1 and June 11 of 2018. 

From the transactions, the company reaped 123 million yuan (19.2 million U.S. dollars) in net investment income, making up 17.63 percent of the audited net profits attributable to shareholders of the listed company for 2017. 

Yuyuan still holds 30 million shares in Bank of Shanghai after the close on Monday.

 

Email: lansuying@nbd.com.cn

Editor: Lan Suying