Fulin Transportation(SZ:002357) Shang Hai Zheng Quan Bao·2025-11-14 19:13Core Viewpoint - Sichuan Fulian Transportation Group Co., Ltd. plans to sell 100% equity of Sichuan Fulian Transportation Group Chengdu Co., Ltd. and 60% equity of Chengdu North Transportation Co., Ltd. to Chengdu Jiaotou Tourism Transportation Development Co., Ltd. for a total transaction price of 424.77 million yuan [2][3][29]. Group 1: Transaction Overview - The transaction involves the transfer of 100% equity of Chengdu Shares for 246.10 million yuan and 60% equity of North Transportation for 178.67 million yuan, totaling 424.77 million yuan [3][24]. - The board of directors approved the transaction, which is expected to generate profits exceeding 50% of the company's audited net profit for the last fiscal year [4][29]. Group 2: Transaction Parties - The buyer, Chengdu Jiaotou Tourism Transportation Development Co., Ltd., is a limited liability company established on December 26, 1992, with a registered capital of 138 million yuan [5][6]. - Chengdu Jiaotou is wholly owned by Chengdu Transportation Investment Group Co., Ltd., which is controlled by the State-owned Assets Supervision and Administration Commission of Chengdu [7]. Group 3: Target Companies - Chengdu Shares was established on April 16, 1984, with a registered capital of 7.4969 million yuan, focusing on transportation and logistics services [8][9]. - North Transportation was established on October 25, 2002, with a registered capital of 35 million yuan, providing passenger station operations and related services [16][17]. Group 4: Financial Impact - The transaction is expected to optimize asset allocation and enhance the company's sustainable development, with the two target companies no longer included in the consolidated financial statements post-transaction [29][30]. - The transaction price reflects a fair market value based on professional asset evaluation reports [24].