ASCF(SH:600855) Ge Long Hui A P P·2025-08-18 11:37Core Viewpoint - The company aims to refocus on its core business and halt the trend of operational decline by divesting non-core and loss-making assets, specifically through the transfer of its 55.45% stake in Aerospace Parker [1] Company Summary - Aerospace Changfeng plans to transfer its 55.45% stake in Aerospace Parker to align with its strategic focus on core business operations and to achieve high-quality and safe development [1] - The decision comes in response to the overall decline in the industry, which has led to continuous losses for the company, negatively impacting its overall performance [1] - The transfer will be conducted through a public listing, with a minimum transfer price set at RMB 11,142.17 million based on an asset evaluation report [1] Industry Summary - The industry in which Aerospace Parker operates has been experiencing a downward trend, contributing to the financial struggles faced by Aerospace Changfeng [1] - The asset evaluation report indicates that as of April 30, 2025, the total equity book value of Aerospace Parker is RMB 189.09 million, with an assessed value of RMB 200.94 million [1]