Core Viewpoint - Northeast Electric (00042) has announced the sale of its entire 10.5% stake in HNA Tianjin Center Development Co., Ltd. to Beijing Haihongyuan Enterprise Management Consulting Co., Ltd. for RMB 3.58 million (approximately HKD 3.915 million), which will enhance the company's liquidity and risk management capabilities [1] Group 1 - The transaction involves the transfer of the entire stake held by Northeast Electric in the joint venture, resulting in the company no longer having any equity interest in the joint venture after the completion of the sale [1] - The sale is expected to help the company activate assets and consolidate resources, thereby improving its ability to withstand risks and sustain operations [1] - The net proceeds from the sale will contribute to increasing the company's cash flow [1]

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