Yorhe(SZ:002795) Zheng Quan Shi Bao Wang·2025-12-03 13:24Core Viewpoint - Yonghe Intelligent Control plans to publicly transfer 100% equity of its wholly-owned subsidiary Chengdu Mountain Water Hotel Co., Ltd. and the debt owed by Chengdu Yonghe Cheng Medical Technology Co., Ltd. to Chengdu Mountain Water, with a minimum initial listing price of 185 million yuan, aiming to optimize asset structure, improve cash flow, and enhance asset operation efficiency [1][2]. Group 1: Company Actions - The company is transferring the equity and debt to improve its asset structure and cash flow [1]. - This is not the first time the company has attempted to transfer Chengdu Mountain Water, as previous attempts were made in late 2024 to early 2025, but those transactions did not succeed [2]. - The company has been divesting from its underperforming assets in the tumor precision radiation treatment and photovoltaic sectors, including multiple hospitals and its stake in Puluo Technology [3]. Group 2: Financial Performance - As of July 2025, Chengdu Mountain Water had total assets of 108 million yuan, total liabilities of 126 million yuan, and negative equity of 1.77 million yuan [2]. - For the fiscal year 2024, Chengdu Mountain Water reported revenue of 19.51 million yuan and a net profit of 3.52 million yuan, with revenue and net profit for the first seven months of this year at 9.59 million yuan and 1.42 million yuan, respectively [2]. - Yonghe Intelligent Control reported a revenue of 582 million yuan for the first three quarters of this year, a year-on-year decrease of 7.25%, and a net loss of 60.46 million yuan [3].