Core Viewpoint - The company announced the sale of 100% equity stakes in two real estate development subsidiaries for a total consideration of RMB 2.17 billion, aimed at repaying financing costs and supporting general operational needs [1] Group 1: Transaction Details - The company’s subsidiary, Harbin Huannan City, plans to sell its stakes in Heilongjiang Wanbang Jiyie Real Estate Development for RMB 72 million and Heilongjiang Dingrong Real Estate Development for RMB 145 million [1] - Heilongjiang Wanbang Jiyie holds land parcels known as the 1668 Industrial Park Project C22, with a planned area of 13,000 square meters and a total construction area of 8,700 square meters [1] - Heilongjiang Dingrong Real Estate Development owns assets in the Boutique D District Project, with a planned area of 118,000 square meters and a total construction area of 151,700 square meters [1] Group 2: Use of Proceeds - The proceeds from the sale will be used to repay financing costs incurred by the seller for the development of these assets [1] - Remaining funds will be allocated for general operational purposes of the company’s domestic subsidiaries [1]
华南城(01668.HK)拟2.17亿出售黑龙江两处地产