Core Viewpoint - The company, Youzhiyou Biotechnology-B (02496), has entered into a transfer agreement with Wuhan Yirui De to sell land use rights and buildings for approximately RMB 36.88 million, as part of its strategic transformation to optimize asset efficiency and reduce management costs [1] Group 1: Transaction Details - The land and buildings are located in the East Lake New Technology Development Zone, Wuhan, Hubei Province, with a land area of approximately 25,533.4 square meters and a total building floor area of about 11,333.22 square meters, designated for industrial use [1] - The land use rights have a term of 50 years, expiring on May 24, 2062 [1] Group 2: Strategic Rationale - The company is continuously evaluating its asset portfolio to optimize efficiency and operational focus [1] - The sale of unused land use rights and buildings aims to optimize resource allocation, reduce management costs, and mitigate potential policy risks and asset depreciation associated with long-term unused assets [1] - This transfer allows the company to unlock the value of non-core assets, providing financial flexibility and liquidity to support its evolving strategic and operational needs [1]
友芝友生物-B拟3688万元转让武汉市东湖新技术开发区土地使用权及建筑物