Feng Huang Wang·2025-12-08 12:36Core Viewpoint - China Metallurgical Group Corporation (China MCC) announced the sale of its 100% stake in MCC Real Estate and related assets to Minmetals Land Holdings and China Minmetals for a total transaction price of 60.676 billion yuan, aiming to divest non-core assets and optimize resource allocation [1]. Group 1 - The transaction includes the sale of 100% equity stakes in MCC Real Estate, Youse Institute, MCC Copper Zinc, Ruimu Management, and 67.02% equity in MCC Jinji, as well as 100% equity in Huaye Duda [1]. - This transaction is classified as a related party transaction and does not constitute a major asset restructuring, meeting the standards for shareholder meeting review and approval [1]. - The company aims to focus on core areas such as metallurgical engineering, non-ferrous and mining engineering construction and operation, high-end infrastructure, industrial construction, and emerging industries to promote high-quality business development [1]. Group 2 - As of the date of this announcement, there have been no other transactions with China Minmetals and its controlled enterprises that fall under the cumulative calculation scope, aside from routine related transactions and this transaction [4].