Core Viewpoint - China Xuyang Group (01907) has announced the sale of its wholly-owned subsidiary, Xuyang New Energy, to acquire 100% equity of the target company, Xingtai Xuyang Material New Technology Co., Ltd., for a consideration of RMB 54.6862 million [1] Summary by Relevant Sections - Transaction Details - The equity transfer agreement was signed on October 31, 2025, with a total consideration of RMB 54.6862 million [1] - Target Company Overview - The target company has not yet commenced substantial business operations since its establishment and is currently planning to construct a high-end porous carbon industry base [1] - Financial Impact - The company expects to realize a gain of approximately RMB 33.7693 million from the sale, as the target company has not generated profits for the group [1] - Strategic Rationale - The board believes that the sale will unlock the intrinsic value of the target company's assets, primarily its land use rights, and views the transaction as a favorable arrangement for the group [1]
中国旭阳集团(01907)拟5468.62万元出售邢台旭阳材料