Core Viewpoint - The plan to sell a 62% stake in Sichuan Ultrasonic Printed Circuit Board Co., Ltd. by Ultrasonic Electronics has been terminated after failing to secure a buyer despite multiple attempts and price reductions [1][2][3]. Group 1: Sale Attempts and Outcomes - Ultrasonic Electronics announced the termination of the sale of its 62% stake in Sichuan Ultrasonic on January 20, after one potential buyer failed to pay the required deposit [1][2]. - The initial sale attempt began in October 2024 with a listing price of 74.56 million yuan, which was later reduced to a maximum of 67.11 million yuan due to lack of interest [2][3]. - This marks the second failed attempt to sell the stake, with the first attempt in October 2022 also ending without a buyer after a year of listing [2][3]. Group 2: Financial Performance and Issues - Sichuan Ultrasonic has reported significant financial losses, with a net profit of 19.69 million yuan in 2021 declining to a loss of 61.55 million yuan in 2023 [3]. - The company faced environmental penalties totaling approximately 577,000 yuan between 2019 and 2020, which included a production halt for rectification [3]. - The ongoing operational uncertainty is compounded by the fact that Sichuan Ultrasonic relies on leased land and facilities from its minority shareholder, Sichuan Yijing Technology Group [3].
意向买家临阵“退缩” 超声电子两度“甩卖”子公司均告失败