Core Viewpoint - China Metallurgical Group Corporation (China MCC) has announced a significant asset sale, which includes the divestiture of its 100% stake in China MCC Real Estate and other related assets for a total transaction price of 60.676 billion yuan, aiming to optimize its resource allocation and focus on core business areas [1] Group 1: Asset Sale Details - The company plans to sell its 100% stake in China MCC Real Estate, along with stakes in several other subsidiaries, to Minmetals Land Holdings and China Minmetals [1] - The total transaction price for the asset sale is 60.676 billion yuan [1] - This transaction is classified as a related party transaction and does not constitute a major asset restructuring, meeting the standards for shareholder meeting approval [1] Group 2: Strategic Focus - Following the asset sale, the company aims to divest non-core assets and optimize its resource allocation [1] - The strategic focus will shift towards metallurgy engineering, non-ferrous and mining engineering construction and operation, high-end infrastructure, industrial construction, and emerging industries [1] - The company intends to enhance its core competitiveness and sustainable profitability through this strategic realignment [1]

Core Viewpoint - China Metallurgical Group Corporation (China MCC) announced the sale of its 100% stake in MCC Real Estate and related assets to Minmetals Land Holdings and China Minmetals for a total transaction price of 60.676 billion yuan, aiming to divest non-core assets and optimize resource allocation [1]. Group 1 - The transaction includes the sale of 100% equity stakes in MCC Real Estate, Youse Institute, MCC Copper Zinc, Ruimu Management, and 67.02% equity in MCC Jinji, as well as 100% equity in Huaye Duda [1]. - This transaction is classified as a related party transaction and does not constitute a major asset restructuring, meeting the standards for shareholder meeting review and approval [1]. - The company aims to focus on core areas such as metallurgical engineering, non-ferrous and mining engineering construction and operation, high-end infrastructure, industrial construction, and emerging industries to promote high-quality business development [1]. Group 2 - As of the date of this announcement, there have been no other transactions with China Minmetals and its controlled enterprises that fall under the cumulative calculation scope, aside from routine related transactions and this transaction [4].

Core Viewpoint - China Metallurgical Group Corporation (China MCC) announced the sale of its 100% stake in China MCC Real Estate and related debts to Minmetals Land Holdings, along with other asset sales to China Minmetals, for a total transaction price of RMB 60.676 billion, aiming to optimize its business structure and focus on core competencies [1] Group 1: Asset Sales - The company plans to sell its 100% stake in China MCC Real Estate and related debts to Minmetals Land Holdings [1] - The company will also sell its 100% stakes in Youse Institute, China MCC Copper and Zinc, and Ruimu Management, as well as a 67.02% stake in China MCC Jinji to China Minmetals [1] - China MCC's subsidiary, China Huaye, intends to sell its 100% stake in Huaye Duda to China Minmetals or its designated entity [1] Group 2: Strategic Focus - The transaction is part of the company's strategy to divest non-core assets and optimize resource allocation [1] - The company aims to enhance its core competitiveness and sustainable profitability through this restructuring [1] - Future business focus will be on metallurgical engineering, non-ferrous and mining engineering construction and operation, high-end infrastructure, industrial construction, and emerging industries to promote high-quality development [1]

Core Viewpoint - China Metallurgical Group Corporation (China MCC) is selling its non-core assets to focus on its main business and enhance its core competitiveness and sustainable profitability [1] Group 1: Asset Sales - China MCC plans to sell 100% equity of China MCC Real Estate and related debt to Minmetals Land Holdings for a total transaction price of RMB 60.676 billion [1] - The company will also sell 100% equity of its subsidiaries, including the Nonferrous Institute, China MCC Copper Zinc, and Ruimu Management, along with 67.02% equity of China MCC Jinji to China Minmetals [1] - China MCC's subsidiary, China Huaye, intends to sell 100% equity of Huaye Duda to China Minmetals or its designated entity [1] Group 2: Strategic Focus - The asset sales are aimed at optimizing the company's business structure and focusing on core areas such as metallurgical engineering, nonferrous and mining engineering construction and operation, high-end infrastructure, industrial construction, and emerging industries [1] - The company aims to promote high-quality development through these strategic adjustments [1]

Core Viewpoint - China Metallurgical Group Corporation (China MCC) announced the sale of its 100% stake in China MCC Real Estate and related debts to Minmetals Land Holdings for a total transaction price of 60.676 billion yuan, aiming to divest non-core assets and optimize resource allocation [1] Group 1: Transaction Details - The transaction includes the sale of stakes in several subsidiaries: 100% of the stakes in Youse Institute, China MCC Copper Zinc, and Ruimu Management, as well as 67.02% of the stake in China MCC Jinji [1] - The controlling subsidiary, China Huaye, plans to sell its 100% stake in Huaye Duda to China Minmetals or its designated entity [1] Group 2: Strategic Implications - This transaction is classified as a related party transaction and does not constitute a major asset restructuring [1] - The divestment is expected to help China MCC focus on its core business areas, including metallurgical engineering, non-ferrous and mining engineering construction and operation, high-end infrastructure, industrial construction, and emerging industries [1] Group 3: Market Reaction - As of December 8, China MCC's stock price closed at 3.39 yuan per share, with a total market capitalization of 70.25 billion yuan [1]