XIAMEN XINDECO(SZ:000701) Ge Long Hui·2025-12-05 11:04Core Viewpoint - Xiamen Xinda (000701.SZ) is divesting its automotive distribution business to focus on core operations and recover resources through conditional agreements with subsidiaries of Zhengtong Automotive [1] Group 1: Transaction Details - The company will sell 100% equity of Xiamen Xinda Guomao Automotive Group Co., Ltd. for a price of 793.4937 million yuan [1] - Hong Kong Xinda Nuo will sell 90% equity of Guomao Automotive (Thailand) Co., Ltd. to Tongda Group for 19.9214 million yuan [1] - Singapore Xinda Resources will sell 10% equity of Guomao Automotive (Thailand) Co., Ltd. to Shengtao Development for 2.2135 million yuan [1] Group 2: Post-Transaction Impact - After the completion of these transactions, the company will no longer hold any direct or indirect equity in Xinda Guomao Automotive and Guomao Automotive (Thailand) [1] - Xinda Guomao Automotive (including its subsidiaries) and Guomao Automotive (Thailand) will be excluded from the company's consolidated financial statements [1]