Ge Long Hui A P P·2025-08-15 12:14Core Viewpoint - ST Jinggu (600265.SH) plans to transfer 51% equity of Tangxian Huiyin Wood Industry Co., Ltd. to its controlling shareholder, Zhou Dafu Investment Co., Ltd. or its designated affiliates, aiming to divest underperforming assets and alleviate operational burdens [1] Group 1: Transaction Details - The transaction will be conducted in cash and will not involve the issuance of shares [1] - Huiyin Wood Industry is projected to account for 87.02% of the company's audited operating revenue for the fiscal year 2024 [1] Group 2: Implications of the Sale - The completion of this sale will lead to a significant reduction in the company's main business scale, potentially triggering delisting risk warnings under the Shanghai Stock Exchange rules if operating revenue falls below 300 million and net profit is negative [1] - The company has faced operational difficulties since 2024, with risks expected to persist into 2025, significantly impacting overall business development [1] Group 3: Strategic Rationale - The purpose of this transaction is to remove non-performing assets from the company, thereby reducing burdens and pressures, and promoting long-term healthy development [1]