Core Viewpoint - China Information Technology (08178.HK) has entered into a sale agreement to sell 100% equity and sales loans of its wholly-owned subsidiary, Rosy Depot Limited, for a cash consideration of HKD 4 million, aiming to enhance cash flow and operational capital [1] Group 1: Transaction Details - The buyer, Xian Jia Jia, has agreed to acquire the entire equity and sales loans of Rosy Depot Limited [1] - The cash consideration for the transaction is HKD 4 million [1] - Rosy Depot Limited is a company registered under the laws of the British Virgin Islands and is a wholly-owned investment holding company [1] Group 2: Strategic Rationale - The company aims to make appropriate business decisions and adjustments based on market conditions to create greater value for the group and its shareholders [1] - Given the volatility in market conditions and trading volume of GEGHL, the company believes that this opportunity will strengthen cash flow and increase operational capital [1] - This move is expected to enhance financial liquidity and allow the company to focus on its core business [1]
中国信息科技(08178.HK)拟400万港元出售Rosy Depot Limited100%权益