Core Viewpoint - Northeast Electric (00042.HK) announced the sale of its entire 10.5% stake in Tianjin Center Development Co., Ltd. to Beijing Haihongyuan Enterprise Management Consulting Co., Ltd. for RMB 3.58 million, which will enhance the company's liquidity and risk management capabilities [1]. Group 1: Transaction Details - The transaction involves the transfer of 10.5% equity in Tianjin Center, which is currently a joint venture of the company [1]. - The selling price for the stake is RMB 3.58 million [1]. - Upon completion of the sale, the company will no longer hold any equity in the joint venture, and its performance will not be reflected in the company's financial results [1]. Group 2: Strategic Implications - The sale is aimed at asset revitalization and resource integration, which will help meet the company's liquidity needs [1]. - The net proceeds from the sale will contribute to improving the company's cash flow [1]. - The transaction is expected to enhance the company's ability to withstand risks and sustain operations [1].
东北电气(00042.HK)拟358万元出售海航天津中心10.5%股权