隆鑫通用剥离亏损资产 聚焦主业驱动高质量发展

Core Viewpoint - Longxin General (603766) is divesting its stakes in Zhuhai Longhua Helicopter Technology Co., Ltd. and Zunyi Jinye Machinery Casting Co., Ltd. to focus on its core business and improve financial health [1][2] Group 1: Strategic Focus and Asset Divestiture - The company plans to transfer its entire 49.9988% stake in Zhuhai Longhua and 66% stake in Jinye Machinery, marking a significant step in its strategy to divest non-core and loss-making assets [1] - This divestiture is part of a broader strategy initiated in 2021 to focus on core operations, following a history of unsuccessful diversification efforts since 2014 [2] Group 2: Financial Performance and Impact - Jinye Machinery has not met performance commitments for two consecutive years since its acquisition in 2018, leading to an initial goodwill of 294 million yuan that will be fully amortized by 2024 [1] - Zhuhai Longhua has only achieved profitability in 3 out of 12 years since its establishment, resulting in an impairment of intangible assets totaling approximately 89 million yuan since 2022 [1] - The company reported a revenue of 14.557 billion yuan in the first three quarters of the year, a year-on-year increase of 19.14%, and a net profit of 1.577 billion yuan, reflecting a significant growth of 75.45% year-on-year [2] Group 3: Future Outlook - The asset divestiture is expected to alleviate financial burdens, optimize asset structure, and enhance overall operational efficiency and asset quality [1] - The company aims to continue focusing on its core business and accelerate its globalization efforts to promote sustainable high-quality development [2]