Ge Long Hui·2025-12-30 12:12Core Viewpoint - The company Yingfeng Environment (000967.SZ) is transferring 100% equity and related debts of its wholly-owned subsidiary Guangdong Xingzhou Water Treatment Technology Co., Ltd. to Chengfa Environment Co., Ltd. for a total price of 75,191.02 million RMB [1] Group 1 - The transfer includes an equity price of 49,971.22 million RMB and a debt amount of 25,219.80 million RMB as of October 31, 2025 [1] - Chengfa Environment is the sole interested buyer and has paid the required deposit to participate in the transaction [1] - The transaction was confirmed by the Guangzhou Property Exchange on December 30, 2025, with Chengfa Environment as the final buyer [1] Group 2 - As of October 31, 2025, the company has other receivables of 25,219.80 million RMB due to supporting Guangdong Xingzhou's operational development [2] - From November 1, 2025, to December 30, 2025, the company will add no more than 6,000.00 million RMB in new debts related to Guangdong Xingzhou [2] - After the equity transfer registration, Chengfa Environment will complete the delivery audit within three months and pay a total debt amount of 31,219.80 million RMB within one month after the audit [2] Group 3 - The company has formed debts of 7,706.00 million RMB and 14,593.23 million RMB with subsidiaries Shouxian Green East New Energy Co., Ltd. and Lianjiang Green East New Energy Co., Ltd. respectively, due to the cancellation of project bank guarantees [2] - These debts are to be settled within 60 days after the equity transfer registration [2] - After the transaction, the company will have a total passive financial support of 53,519.03 million RMB towards entities outside the consolidated financial statements, subject to final audit [2]