Zhong Guo Jing Ying Bao·2025-12-09 00:25Core Viewpoint - China Metallurgical Group Corporation (China MCC) plans to sell assets worth 60.676 billion yuan to focus on its core business and enhance competitiveness [1] Group 1: Asset Sale Details - China MCC intends to sell 100% equity of China MCC Real Estate and related debts to Wukuang Real Estate Holdings [1] - The company will also sell 100% equity of Youse Institute, China MCC Copper Zinc, and Ruimu Management, along with 67.02% equity of China MCC Jinji to China Minmetals [1] - A subsidiary, China Huaye, will sell 100% equity of Huaye Duda to China Minmetals or its designated entity [1] Group 2: Strategic Intent - The transaction aligns with the central government's directive for state-owned enterprises to focus on their main responsibilities and promote professional integration [1] - The sale aims to divest non-core assets, optimize resource allocation, and concentrate on key areas such as metallurgical engineering, non-ferrous and mining engineering construction, high-end infrastructure, and emerging industries [1] - This strategic move is expected to enhance the company's core competitiveness and sustainable profitability [1]