Group 1 - The company, China Textile Holdings (03778), has entered into a sale agreement for assets with Jiangxi Fengxin County Industrial Park Development Co., Ltd., with a cash consideration of RMB 45.0272 million [1] - The target assets include 8 plots of land in Fengxin County, Jiangxi Province, totaling an area of 215.8 acres (approximately 143,867 square meters), along with buildings covering a total floor area of about 37,074 square meters [1] - The total floor area is utilized for factory, boiler facilities, wastewater treatment facilities, warehouses, and auxiliary buildings and infrastructure [1] Group 2 - The target assets are the main assets of the company's short fiber manufacturing department, which ceased operations at the end of 2022 [2] - Since the reassignment of the target assets to support the yarn manufacturing business, their contribution to the yarn manufacturing department has been limited [2] - The company expects to achieve a net book gain of approximately RMB 4 million from the sale, with the actual amount subject to review by the company's auditors [2] - The net proceeds from the sale are anticipated to be used for the company's general working capital [2] - The board believes that the sale represents an opportunity to realize the value of the target assets and reallocate financial resources to the company's core business [2]
中国织材控股(03778)拟4502.72万元出售短纤制造部门的主要资产