Core Viewpoint - Chongqing Machinery and Electric Co., Ltd. announced the signing of an asset transfer agreement with Excellence Company, agreeing to sell the Shengpu Technology asset group for RMB 4.8854 million, aiming to focus on its core business and enhance strategic and operational synergies [1] Group 1: Company Overview - Chongqing Machinery and Electric Co., Ltd. primarily engages in the production, sales, and service of clean energy equipment and high-end intelligent manufacturing equipment [1] - Excellence Company, established in September 2003, is a wholly-owned subsidiary of the controlling shareholder, with a registered capital of RMB 280 million, serving as a supply chain service platform for the group [1] Group 2: Strategic Intent - The asset sale is part of the company's strategy to further focus on its core business, enhance strategic and operational synergies, and implement the group's strategic development plan [1] - The company aims to streamline resources by divesting non-core assets, concentrating efforts on the high-end equipment business segment to continuously improve development quality and enhance competitiveness, ultimately creating long-term value for shareholders [1]
重庆机电(02722.HK)拟488.54万元出售分公司标的资产组