Workflow
陕西建工集团股份有限公司关于出售资产暨关联交易的公告

Core Viewpoint - The company plans to transfer accounts receivable with a book value of 764,242.31 million yuan to its controlling shareholder, Shaanxi Construction Holding Group, at an assessed value of 728,521.03 million yuan, aiming to reduce management costs and improve liquidity [1][2][3] Summary by Sections Transaction Overview - The company and its subsidiaries intend to transfer accounts receivable with a book value of 764,242.31 million yuan to Shaanxi Construction Holding Group [2][3] - The assessed value of the accounts receivable is 728,521.03 million yuan, with a valuation impairment of 35,721.28 million yuan, representing a 4.67% impairment rate [2][3] Transaction Details - The payment for the transaction will be made through a combination of cash and the assumption of certain payables by Shaanxi Construction Holding [1][3][34] - The transaction is classified as a related party transaction but does not constitute a major asset restructuring [1][2] Financial Impact - The transaction is expected to lower the company's accounts receivable management costs, alleviate payment pressures, control financing growth, and enhance asset operation quality [3][36] - The assessed value exceeds the book value by 119,269.28 million yuan, which will be recorded in the capital reserve [36][37] Approval Process - The transaction has been approved by the company's board of directors and will be submitted for shareholder approval [5][41] - The transaction requires the consent of relevant creditors for the assumption of payables by Shaanxi Construction Holding [1][34] Related Party Transactions - In the past 12 months, the company has conducted two related party transactions with the same related party, totaling 66,232.05 million yuan [42]