RIFA PM(SZ:002520) Zheng Quan Shi Bao Wang·2025-12-03 14:45Core Viewpoint - The company is selling a batch of idle industrial assets for 155 million yuan to an affiliated party, aiming to enhance liquidity and optimize asset structure [2][3]. Group 1: Asset Sale Details - The assets being sold include land use rights, buildings, and associated facilities located at No. 4 Guishan Road, Xinchang County, Zhejiang Province [2]. - The sale is part of the company's strategy to improve asset utilization and financial structure due to previous business adjustments that left these assets idle [2][3]. Group 2: Financial Performance - As of September 30, 2025, the company's total assets amounted to 2.49916 billion yuan, a decrease of 24.27% from the previous year [3]. - The company's total liabilities were 2.24034 billion yuan, and shareholders' equity was 258.82 million yuan, down 50.67% year-on-year [3]. - For the first three quarters of 2025, the company reported total revenue of 873.55 million yuan, a year-on-year decline of 39.94%, and a net loss attributable to shareholders of 266.71 million yuan, a decline of 303.03% [3]. Group 3: Strategic Intent - The simultaneous asset disposal actions reflect the company's intent to focus on core business and optimize asset allocation [4]. - The Italian subsidiary MCM has been consistently losing money, with a projected net loss exceeding 122 million yuan in 2024, making the divestment of non-core assets a strategic move to reduce operational risks [4]. - The market is particularly focused on the fairness of the transaction pricing and the efficiency of capital recovery, with the company emphasizing the counterparty's ability to fulfill the transaction [4].