Core Viewpoint - The company is selling its subsidiary Shenzhen Hui'anqi for approximately RMB 803 million to improve its capital and debt structure, allowing it to focus on its core automotive sales and related businesses [1][2][3] Group 1: Sale Agreement Details - The sale agreement involves the transfer of 100% equity of Shenzhen Hui'anqi, which includes the main asset, a property located in Shenzhen, China [1] - The buyer, Xiamen Information Xinda Co., Ltd., has agreed to assume related debts as part of the acquisition [1] - The expected revenue from the sale is approximately RMB 34.26 million after deducting related debts and estimated tax expenses [3] Group 2: Strategic Focus and Financial Implications - The company aims to concentrate on automotive sales and related businesses, moving away from property development due to the challenges faced in the traditional automotive dealership industry [2] - The sale is expected to alleviate financial burdens associated with further capital expenditures on the Shenzhen property, allowing the company to allocate resources towards the transformation and sustainable development of its automotive-related businesses [2] - Proceeds from the sale will be used to repay 60% of the bank loans and the remaining 40% will enhance the company's operating cash flow, particularly for international expansion and electric vehicle transformation [3]
正通汽车：启富集团拟8.03亿元出售深圳汇安启全部股权 聚焦汽车主业转型