ECHOM(SZ:002420) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-27 02:49Transaction Overview - Guangzhou Yichang Technology Co., Ltd. held its 25th meeting of the 6th Board of Directors on October 30, 2025, and the second extraordinary shareholders' meeting on November 18, 2025, to approve the proposal for the external transfer of assets by its wholly-owned subsidiary Jiangsu Yichang Technology Co., Ltd. [2] - The assets include buildings and land use rights located in Kunshan Development Zone, which will be transferred to the government for storage, managed by Kunshan Kunkai Chuangyue Asset Management Co., Ltd. [2] Transaction Details - The total transfer price for the assets is 242.465 million yuan, with specific valuations: Jiangsu Yichang Technology's land valued at 80.334 million yuan and other projects at 107.642 million yuan; Jiangsu Design Valley Technology's land at 40.166 million yuan and other projects at 14.323 million yuan [2] - The first payment for the transfer has been made, amounting to 28.1964 million yuan for Jiangsu Yichang Technology and 8.17335 million yuan for Jiangsu Design Valley Technology [2] Impact on the Company - The transaction aligns with the company's development strategy and aims to optimize resource allocation while enhancing land resource utilization in Kunshan [3] - It is expected to provide financial support for the company's operations, increase cash flow, and improve asset liquidity without harming the interests of the company and its shareholders [3] - The company will continue to monitor the payment of land recovery compensation and cooperate with the government on the land recovery process [3]