Core Viewpoint - Guangxin Materials (300537.SZ) is implementing a strategy to consolidate its operations and reduce costs by selling its 75% stake in Shenzhen Lejian and related receivables due to the latter's lack of independent operations and profitability [1] Group 1: Business Strategy - The company aims to integrate its previously dispersed operations into a centralized management system to lower redundant costs associated with multiple operational bases [1] - The gradual production commencement at the Longnan base and the integration of PCB photoresist business are key components of this strategy [1] Group 2: Transaction Details - On July 31, 2025, the company signed a share transfer agreement with individual buyer Ke Mingxi to sell its 75% stake in Shenzhen Lejian and receivables amounting to 6.2188 million yuan for a total transaction price of 1 yuan [1] - The decision to sell was based on thorough negotiations regarding Shenzhen Lejian's financial status, technical capabilities, business scale, and development prospects [1] Group 3: Financial Implications - Shenzhen Lejian has been integrated into the company's operations and is currently unable to operate independently or generate profits, leading to its classification as insolvent [1] - The company anticipates that the receivables from Shenzhen Lejian will not be recoverable, reflecting the latter's inability to repay the loan [1] - Following the completion of this transaction, Shenzhen Lejian will no longer be included in the company's consolidated financial statements [1]
广信材料(300537.SZ):拟1元出售深圳乐建75%股权及应收账款