越秀地产(00123.HK)附属拟出售杭州越运房地产开发73.74%权益

Group 1 - The core point of the announcement is that Yuexiu Property (00123.HK) has entered into a cooperation agreement to sell 73.74% of the equity in a project company to a group of buyers, pending certain conditions being met [1] - The total consideration for the equity transfer includes a transfer price of RMB 516 million, expected interest of approximately RMB 4,452,195.06, and expected shareholder loans amounting to RMB 501 million [1] - After the completion of the transaction, the equity ownership in the project company will be distributed among the seller and buyers as follows: 26.26% for the seller, 25.74% for Hangzhou Binjiang, 24.00% for Kunhe Construction, and 24.00% for Zhejiang Yingguan [1] Group 2 - The project company is primarily engaged in real estate development and operation, with a registered capital of RMB 700 million, fully owned by the seller [2] - The land parcel, located in Gongshu District, Hangzhou, covers an area of 34,165 square meters and is intended for residential development [2] - The geographical location of the land is advantageous, with well-established commercial, educational, and transportation facilities in the vicinity, which is expected to enhance the efficiency of the development and resource allocation [2]