智通财经网·2025-12-09 01:31Core Viewpoint - China Metallurgical Group Corporation (China MCC) announced a significant asset sale to optimize its business structure and focus on core operations, which has led to a nearly 6% drop in its stock price [1] Group 1: Asset Sale Details - China MCC plans to sell 100% equity of China MCC Real Estate and related debt to Minmetals Land Holdings for approximately 60.7 billion yuan [1] - The company will also sell 100% equity of several subsidiaries, including Youse Institute, China MCC Copper Zinc, and 67.02% equity of China MCC Jinji to China Minmetals [1] - A subsidiary, China Huaye, intends to sell 100% equity of Huaye Duda to China Minmetals or its designated entity [1] Group 2: Strategic Implications - The transaction is a cash deal aimed at divesting non-core assets and optimizing resource allocation [1] - The company aims to enhance its business structure, focus on core industries, and improve core competitiveness and sustainable profitability [1] - Future business focus will include metallurgical engineering, non-ferrous and mining engineering construction and operation, high-end infrastructure, industrial construction, and emerging industries for high-quality development [1]