Zheng Quan Ri Bao·2025-11-27 15:49Group 1 - Multiple A-share listed companies are announcing asset disposals, focusing on divesting subsidiaries and idle properties to optimize their asset structures and improve operational efficiency [1][2] - The core theme among these announcements is "focusing on core business," with companies aiming to concentrate resources on their main competencies and enhance competitive advantages [2] - Companies are also motivated to divest non-core or underperforming assets to improve their financial conditions, as seen in the case of Shanghai Chuangxing Resource Development Co., which is transferring a subsidiary involved in numerous lawsuits and poor receivables [2][3] Group 2 - For instance, Hangzhou Tiandi Digital Technology Co. plans to sell its wholly-owned subsidiary for 49 million yuan to optimize its asset structure and reduce management costs [1] - Guangxi Tourism Co. is transferring its wholly-owned subsidiary, which has been continuously losing money since 2008, for 34.5 million yuan to cut losses and improve asset efficiency [3] - The trend of divesting underperforming assets is seen as a dual benefit for companies, allowing them to stop losses and strategically optimize their operations while isolating risks from their core business [3]