MEICHEN SCI & TECH.(SZ:300237) Zheng Quan Ri Bao Wang·2025-12-10 02:13Group 1 - The company Shandong Meichen Technology Group Co., Ltd. (ST Meichen) is accelerating the divestiture of non-core assets by transferring 100% equity of Hainan Meichen to Weifang Chuangwei Investment Management Co., Ltd. for a total price of 1 yuan [1][2] - The transaction has received preliminary approval from the Weifang State-owned Assets Supervision and Administration Commission and is pending shareholder meeting review and relevant state-owned asset approval procedures [1][2] - Hainan Meichen is currently in a state of insolvency, with a net asset value of -79.31 million yuan as of October 30, 2025, and has reported zero revenue from January to October 2025 [1] Group 2 - The transaction is part of ST Meichen's strategy to focus on its core automotive parts business, enhance competitiveness, optimize state-owned capital layout, and improve financial indicators [2] - Upon completion of the transaction, the company expects to increase its equity by approximately 7.9 million yuan for the year 2025, which will help optimize its asset-liability structure and reduce the resource occupation of non-core loss-making businesses [2]