Core Viewpoint - The company Huida Sanitary Ware (603385.SH) plans to publicly transfer 100% equity and debt of its subsidiary, Guangxi Xingaosheng Thin Ceramic Co., Ltd., in response to the ongoing adjustments in the real estate market and to optimize its industrial structure [1] Group 1: Company Actions - The company intends to publicly transfer its holdings in Guangxi Xingaosheng, which includes a debt amounting to 132 million yuan (approximately 19.2 million USD) and another debt of 138 million yuan (approximately 19.6 million USD) [1] - Guangxi Xingaosheng is identified as a high-tech enterprise focused on the research, design, production, and sales of thin ceramic slate products [1] Group 2: Market Context - The real estate market has entered a deep adjustment phase, leading to liquidity pressures among property developers [1] - Currently, Guangxi Xingaosheng is in a state of suspension of production, indicating challenges within the sector [1] Group 3: Strategic Implications - The transaction aims to adjust and optimize the company's industrial structure, integrate enterprise resources, reduce management costs, and enhance asset operational efficiency and quality [1]
惠达卫浴拟出售广西新高盛100%的股权及债权 优化产业结构