Core Viewpoint - Sanai Health Group (01889) has entered into a share transfer agreement to sell 99% of its subsidiary, Luan Nan Hang Yang Health Industry Co., Ltd., for approximately RMB 18.69 million, aiming to enhance cash flow and focus on core business areas [1][2] Group 1: Sale Agreement Details - The seller, Beijing Hang Yang Health Technology Co., Ltd., a non-wholly owned subsidiary, has agreed to sell the shares to buyer Xue Wenfen for about RMB 18.69 million, to be settled in cash [1] - The target company, Luan Nan Hang Yang Health Industry Co., Ltd., is an indirect non-wholly owned subsidiary that has not commenced operations since its establishment in January 2018 and holds a land parcel of approximately 67,000 square meters in Luan Nan, China [1] Group 2: Financial Implications - The estimated net proceeds from the sale, after deducting related expenses, are approximately RMB 18.68 million, which the company plans to use for general working capital and other business development [2] - The completion of the sale is expected to improve the group's liquidity and strengthen its financial position, allowing the company to concentrate on its core business [2]
三爱健康集团附属拟1869万元出售滦南航洋健康产业99%股权