Bei Jing Shang Bao·2025-12-08 12:15Core Viewpoint - China Metallurgical Group Corporation (China MCC) announced the sale of its 100% stake in China MCC Real Estate and related debts to Minmetals Land Holdings for a total transaction price of 60.676 billion yuan, aiming to divest non-core assets and optimize resource allocation [1] Group 1: Transaction Details - The transaction includes the sale of stakes in several subsidiaries: 100% of the stakes in Youse Institute, China MCC Copper Zinc, and Ruimu Management, as well as 67.02% of the stake in China MCC Jinji [1] - The controlling subsidiary, China Huaye, plans to sell its 100% stake in Huaye Duda to China Minmetals or its designated entity [1] Group 2: Strategic Implications - This transaction is classified as a related party transaction and does not constitute a major asset restructuring [1] - The divestment is expected to help China MCC focus on its core business areas, including metallurgical engineering, non-ferrous and mining engineering construction and operation, high-end infrastructure, industrial construction, and emerging industries [1] Group 3: Market Reaction - As of December 8, China MCC's stock price closed at 3.39 yuan per share, with a total market capitalization of 70.25 billion yuan [1]