海鸥住工：关于转让全资子公司100%股权及相关债权暨债务豁免的进展公告

Core Viewpoint - The company announced the transfer of 100% equity and related debts of its wholly-owned subsidiary, Zhuhai Chengou Sanitary Ware Co., Ltd., to Ningbo Tornado Investment Partnership, with a total transaction value of 173.83 million yuan [2]. Group 1: Equity Transfer Details - The company will transfer its 100% equity in Zhejiang Seagull Youchao Bathroom Co., Ltd. to Ningbo Tornado, with the equity transfer price set at 155 million yuan based on the assessment value after debt exemption [2]. - The company will also transfer its debt of 18.83 million yuan related to Zhejiang Seagull Youchao, bringing the total transaction value to 173.83 million yuan [2]. - Following the transfer, the company will no longer hold any equity in Zhejiang Seagull Youchao, and it will be excluded from the company's consolidated financial statements [2]. Group 2: Debt Exemption and Financial Impact - The company has assessed the receivables from Guangdong Yakeboluo Cabinet Co., Ltd. and its subsidiaries, amounting to 164.44 million yuan, and determined the likelihood of recovery to be low [2]. - To facilitate the transaction, the company will exempt Yakeboluo and its subsidiaries from their debt of 164.44 million yuan as part of the equity and debt transfer package [2]. - The company has received the first installment of the transfer payment and completed the business registration changes for Zhejiang Seagull Youchao [2].