Core Viewpoint - Honghua Group (00196) has announced the sale of approximately 6.9152% equity in Chengdu Jiaozi Financial Leasing Co., Ltd. for a total consideration of approximately RMB 85.764 million, aligning with its strategic development plan to optimize asset structure and focus on core business [1][1][1] Group 1: Transaction Details - Honghua Holdings and Sichuan Honghua have entered into agreements with Chengdu Jiaozi to sell a combined 6.9152% stake in Chengdu Jiaozi Financial Leasing Co., Ltd. [1] - The total consideration for the sale is approximately RMB 85.764 million [1] Group 2: Strategic Implications - The sale will result in the group no longer holding any equity in the target company, which is part of a strategy to divest non-core and non-advantageous enterprises [1][1] - This transaction is expected to help the company comply with the State-owned Assets Supervision and Administration Commission's management requirements regarding central enterprises holding stakes in financial companies [1] - The divestment aims to reduce risks associated with non-core financial operations and optimize the group's equity structure and capital allocation [1][1] - By transferring the equity through a public listing, the company aims to realize asset monetization, increase liquidity, improve the asset-liability structure, and lower financial costs, thereby supporting the focus on core business and promoting transformation and high-quality development [1][1]
宏华集团拟8576.4万元出售成都金控融资租赁有限公司合计约6.9152%的股权