SID(SH:600748) news flash·2025-07-18 09:17Core Viewpoint - The company plans to sell part of its Quanzhou project, expecting to generate approximately RMB 20.53 billion in revenue from the transaction, which will significantly impact its 2024 audited operating income [1] Group 1: Transaction Details - The full subsidiary of the company, Quanzhou Shanshi Investment Development Co., Ltd., intends to transfer part of the products from the Shanshi Haishang project located in Fengze District, Quanzhou, Fujian Province [1] - The buyer of the transaction is a wholly-owned subsidiary of Quanzhou Kaisheng Real Estate Group Co., Ltd., specifically Quanzhou Zhenyuan Industrial Investment Co., Ltd. and Quanzhou Xinyuan Industrial Investment Co., Ltd. [1] - The total transaction price is approximately RMB 20.53 billion [1] Group 2: Financial Impact - The expected revenue from this transaction is projected to account for about 75.51% of the company's audited operating income for the year 2024 [1]