HNHD(SZ:002163) Ge Long Hui·2025-12-01 12:43Core Viewpoint - Hainan Development (002163.SZ) is accelerating its strategic transformation by divesting long-term loss-making assets and optimizing its asset structure through the transfer of a significant stake in Beijing Sanxin Jingpin Decoration Engineering Co., Ltd. [1] Group 1: Asset Transfer Details - Hainan Development's subsidiary, Shenzhen Sanxin Technology Development Co., Ltd. (Sanxin Technology), is transferring 97.9119% of its stake in Beijing Sanxin Jingpin and related non-operational receivables to Hainan Development Holding Property Group Co., Ltd. [1] - The total transfer price for the stake and receivables is confirmed at 44.4316 million yuan, with the stake valued at 17.8870 million yuan and the receivables at 26.5446 million yuan [2] - Hainan Development Holding Property Group will exchange the stake and receivables for assets valued at 45.6963 million yuan, including properties in Jiangdong Plaza and Haoting Mingyuan [2] Group 2: Asset Valuation and Completion Timeline - The properties involved in the exchange have not yet completed the completion acceptance filing, with expected completion dates ranging from December 31, 2025, to June 30, 2027 [2] - A performance guarantee will be provided by Hainan Haijin Control Financing Guarantee Co., Ltd. to ensure the delivery of the assets according to the specified timelines [2]