LIFECOME(SZ:002868) Mei Ri Jing Ji Xin Wen·2025-09-24 06:43Core Viewpoint - *ST绿康 plans to sell three wholly-owned subsidiaries at a price of 0 yuan, raising concerns about the company's decision-making and future direction in the market [1][2]. Group 1: Company Actions - The company intends to sell 100% equity of three subsidiaries, including Green Kang (Yushan) Film Materials Co., Ltd., Green Kang (Haining) Film Materials Co., Ltd., and Green Kang New Energy (Shanghai) Import and Export Trade Co., Ltd. [1] - In January 2023, the company invested 950 million yuan to acquire Green Kang (Yushan), aiming to enter the photovoltaic film industry, which was experiencing rapid growth at that time [1][2]. - The subsidiaries have incurred significant losses, with Green Kang (Yushan) reporting a loss of 55.9 million yuan in 2023 and projected losses of 203.25 million yuan in 2024 [1][2]. Group 2: Market Reactions - The decision to sell the subsidiaries at 0 yuan has led to widespread market skepticism regarding the rationale and fairness of the valuation [2]. - The Shenzhen Stock Exchange has raised questions about the reasonableness of the transaction, and investors are concerned about the company's decision-making capabilities [2]. Group 3: Recommendations for Company - The company needs to provide detailed disclosures about the transaction, including the basis for the valuation and the reasons for the drastic drop in value from 950 million yuan to 0 yuan [3]. - It is essential for the company to ensure transparency in the transaction process and strengthen internal controls to align decisions with shareholder interests [3]. - Regular communication with investors through meetings and calls is necessary to address concerns and rebuild trust in the management [3].