ORIENTAL YUHONG(SZ:002271) Mei Ri Jing Ji Xin Wen·2025-11-13 06:31Core Viewpoint - Oriental Yuhong plans to sell properties in Beijing and Hangzhou, expecting a loss of 25.81 million yuan, which is over 10% of its audited net profit for the last fiscal year [1][4] Group 1: Asset Sale Details - The company intends to sell part of its real estate holdings, including 10 properties in Beijing and 13 in Hangzhou, to improve asset liquidity and financial structure [1][3] - The 10 properties in Beijing were purchased less than 5 months ago, indicating a rapid turnover of assets [2][3] - The sale includes 3 shops and 8 office spaces in Beijing, totaling 1,492.05 square meters, with the majority acquired in July 2023 [5] Group 2: Financial Impact - The expected loss from the asset sale is 25.81 million yuan, with the original value of the assets being approximately 52.39 million yuan and a net book value of about 44.30 million yuan after impairment [3][4] - The company has previously recorded a total asset disposal gain of 173,700 yuan from other sales [4] Group 3: Market Context - The decision to sell is part of a strategic adjustment due to weak market demand and liquidity in the real estate sector, which has seen declining transaction volumes in recent years [4] - Other companies in the A-share market, such as Aerospace Software and Shanghai Phoenix, have also announced property sales, indicating a broader trend among listed firms [4]