Proya(SH:603605) Zheng Quan Zhi Xing·2025-06-19 09:52Transaction Overview - The company has agreed to transfer its 45% stake in the Jiaxing Woyong Investment Partnership to Zhejiang Dadao Qiyun Group for a price of RMB 99.99 million [2][8] - The company initially invested RMB 135 million in the partnership, which was established in June 2019 [1][2] - The transfer does not constitute a related party transaction or a major asset restructuring as per relevant regulations [2][8] Financial Information - As of December 31, 2024, the partnership had total assets of RMB 395.07 million and total liabilities of RMB 247.77 million, resulting in a net asset value of RMB 147.30 million [3] - For the first quarter of 2025, the partnership reported revenue of RMB 59.39 million and a net profit of RMB 51.97 million [3] Valuation and Pricing - The transfer price of RMB 99.99 million was based on an asset valuation report that estimated the partnership's equity value at RMB 219.64 million [4][8] - The pricing was determined through mutual agreement and is considered fair and reasonable, ensuring no harm to the company's or shareholders' interests [4][8] Payment Terms - The payment for the transfer will be made in two installments: 30% upon signing the agreement and 70% upon completion of the transfer registration [9][10] - The company guarantees that the transferred stake is free from any encumbrances or third-party claims [10] Strategic Implications - This transaction aligns with the company's investment strategy and is expected to enhance capital efficiency [11] - The company anticipates that this move will not significantly impact its financial status or operational activities [11]