Mei Ri Jing Ji Xin Wen·2025-12-09 02:39Core Viewpoint - China Metallurgical Group Corporation (China MCC) plans to sell multiple assets, including real estate and non-ferrous mineral design and development, for a total consideration of 606.76 billion yuan, with the buyer being its controlling shareholder, China Minmetals Corporation and its affiliates [1][3]. Group 1: Asset Sale Details - The asset sale includes 100% equity and related debts of China MCC's subsidiaries, such as China MCC Real Estate Group, China Nonferrous Engineering Corporation, and others, with the total transaction price reaching 606.76 billion yuan [3][5]. - The transaction price for China MCC Real Estate is set at 312.37 billion yuan, with an assessment impairment rate of 45.18% due to a decline in market value [3][4]. - The sale of Huaye Duda Mining Co., which has a book value of 186 million yuan, shows a significant increase in assessed value to 1.657 billion yuan, reflecting a growth rate of 789.57% [4][5]. Group 2: Financial Implications - The transaction is expected to inject substantial funds into China MCC, which will be used to strengthen its core metallurgy construction business and support its diversified business system [8]. - The funds will be allocated to enhance new industrialization and urbanization, develop engineering services, new materials, high-end equipment, energy conservation, and digital applications [8]. - Part of the proceeds will also be used to improve cash flow and repay debts, optimizing the financial structure and reducing leverage [8].