Core Viewpoint - China Metallurgical Group Corporation (China MCC) announced the sale of multiple subsidiaries, including China MCC Real Estate, to China Minmetals or its designated entities for a total transaction price of RMB 606.76 billion [1] Group 1: Transaction Details - The transaction involves the sale of 100% equity of China MCC Real Estate and associated debts for RMB 312.36 billion [1] - Additional sales include 100% equity of Youse Institute, China MCC Copper Zinc, and Ruimu Management, along with 67.02% equity of China MCC Jinji, totaling RMB 294.39 billion [1] - The assessment report by Zhongshui Zhiyuan facilitated the agreed transaction price of RMB 606.76 billion through friendly negotiations among parties [1] Group 2: Strategic Intent - The sale aligns with the directive to encourage central enterprises to focus on their core responsibilities, promote professional integration, and optimize resource allocation [1] - The company aims to enhance its business structure, concentrate on core operations, and improve its core competitiveness and sustainable profitability [1]