Zheng Quan Zhi Xing·2025-06-04 09:18Transaction Overview - Shanghai Electric Group Co., Ltd. announced the termination of the investment in the comprehensive treatment project by its subsidiary, Ningbo Haifeng Environmental Co., Ltd., and the public transfer of the land use rights and construction projects [1] - The board approved the public transfer of the assets located in Yuyao City, including land use rights and related construction projects [1] Transaction Progress - On May 12, 2025, Ningbo Haifeng publicly listed the assets for the third time at a reduced price of RMB 73.4346 million, which is a 10% decrease from the previous listing [2] - On May 16, 2025, the buyer of the assets was confirmed as Ningbo Hauster Metal Materials Co., Ltd., and a property transaction contract was signed at the same price of RMB 73.4346 million [2] Buyer Information - Ningbo Hauster Metal Materials Co., Ltd. was established on February 11, 2018, with a registered capital of RMB 80 million [2] - The company specializes in metal materials manufacturing, automotive parts R&D, and various metal product sales [2] - Financial data for Ningbo Hauster shows total assets of RMB 245.9816 million and net assets of RMB 72.3932 million as of the latest reporting period [3]