*ST创兴（600193）(600193.SH)发布公告，为盘活资产，补充流动资金，公司拟通过公开挂牌转让的方 式转让公司持有的上海喜鼎建设工程有限公司(简称"喜鼎建设")100%的股权。经北京百汇方兴资产评估 有限公司的评估，股东全部权益账面价值为3,084.71万元，评估价值3,084.71万元，喜鼎建设本次转让的 价格不低于人民币3,084.71万元。 ...

Group 1 - The company ST Changfang (300301.SZ) plans to publicly transfer its assets, including the Pingshan Changfang Industrial Park and Changfang Group Building, through a public listing [1] - The initial listing price for the assets is set at 374 million yuan, based on an evaluation report from Shanghai Zhonghua Asset Appraisal Co., Ltd [1] - If the first listing does not attract qualified bidders, the company will conduct a second listing with a minimum price of 311 million yuan [1] Group 2 - Both listing periods will last for five working days, and if no qualified bidders are found after both attempts, the company will terminate the asset listing process [1]

Core Viewpoint - The company plans to pre-list the 100% equity of its wholly-owned subsidiary, Hunan Jinshi Technology Co., Ltd., for transfer on the property rights exchange, indicating a strategic move to divest assets [1] Financial Summary - Hunan Jinshi Technology Co., Ltd. has a registered capital of RMB 400 million [1] - As of December 31, 2024, the total assets amount to RMB 406 million, with total liabilities of RMB 70.4391 million, resulting in owner’s equity of RMB 336 million [1] - The net profit for the year 2024 is reported at a loss of RMB 14.5837 million [1] Transaction Details - The announcement serves as a preliminary information disclosure and does not constitute a transaction [1] - The expected transaction is not anticipated to meet the criteria for a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies" [1]

Core Viewpoint - The company plans to publicly transfer its 51% stake in its subsidiary, Urumqi Mining, to recover funds due to the project's long stagnation and to focus on its core business [1][3]. Group 1: Company Actions - The company announced a public transfer of its stake in Urumqi Mining with a starting price of 205 million yuan [1][3]. - The company expects to recover 73.73 million yuan from the stake transfer and 131 million yuan from loans and interest owed by Urumqi Mining [3]. - The decision to exit the Urumqi Mining project aims to safeguard the company's interests and enhance asset efficiency [3]. Group 2: Financial Performance - The company's main business has faced challenges, with revenues declining from 47.76 billion yuan in 2022 to 36.19 billion yuan in 2024, and net profits dropping from 1.68 billion yuan to 167 million yuan in the same period [4]. - In the first quarter of 2025, the company reported a revenue of 8.375 billion yuan and a net profit of 137 million yuan, with a significant increase in non-recurring net profit by 99.29% year-on-year [4]. Group 3: Market Confidence - The controlling shareholder, Xinxing Jihua Group, has announced plans to increase its stake in the company, with a total investment of no less than 150 million yuan and up to 300 million yuan [5]. - The stock price of the company has risen by 27.4% since its low point on April 9, closing at 3.95 yuan per share on July 24 [6].

Core Viewpoint - The company, Three Gorges Water Conservancy (600116), is enhancing asset operation efficiency and optimizing strategic layout by publicly transferring its 41.0071% stake in Tian Tai Energy through its wholly-owned subsidiary, Changxing Power [1] Group 1: Transaction Details - The public transfer of the stake will have a minimum base price of 641 million yuan, which corresponds to an appraisal value provided by an evaluation agency, reflecting a 123.60% appreciation [1] - After the completion of this equity transfer, Changxing Power will no longer hold any shares in Tian Tai Energy [1] - The transaction will be conducted through a public listing process, and the trading counterpart has not yet been determined, indicating that it does not constitute a related party transaction [1] Group 2: Regulatory Compliance - This transaction does not qualify as a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies" [1]

Core Viewpoint - The company has signed a property transaction contract with an affiliated entity for the transfer of the BanCang production base for a maximum effective bid of 44 million yuan, which is expected to result in an asset disposal loss of approximately 5.37 million yuan, impacting the company's current profits [1] Summary by Relevant Sections - **Transaction Details** - The company has publicly listed the maximum effective bid of 44 million yuan for the transfer of the BanCang production base [1] - The transaction has undergone the necessary review procedures and does not constitute a major asset restructuring, thus does not require shareholder meeting approval [1] - **Financial Impact** - The transaction is anticipated to generate an asset disposal loss of about 5.37 million yuan, which will have a certain impact on the company's current profits [1] - **Asset Condition** - The ownership of the target asset is clear, with no mortgages, pledges, or other transfer restrictions [1] - There are no ongoing litigation, arbitration matters, or judicial measures such as seizures or freezes that would hinder the transfer of ownership [1] - **Lease Agreement** - The transaction involves a housing lease situation, requiring the company to re-sign the housing lease contract with the lessee according to the original lease obligations [1]

Core Viewpoint - The company plans to transfer 48.4213% equity stake in its subsidiary Zhong'an Bio to Jiangxi Twin Biological Technology Co., Ltd. for a transaction price of 115 million yuan, aiming to deepen strategic cooperation with aquaculture group clients and optimize asset and business structure [1] Group 1 - The transaction will result in the company holding a 20% equity stake in Zhong'an Bio after completion [1] - Zhong'an Bio will no longer be included in the company's consolidated financial statements following the transaction [1] - The transaction does not constitute a related party transaction or a major asset restructuring and is subject to approval by the company's shareholders' meeting [1]

Transaction Overview - The company is publicly transferring 95% equity of Shandong Zhiyou Network Security Technology Co., Ltd. and related debts to optimize asset structure and improve cash flow [1][2] - The initial listing price was set at RMB 20,530,001, with the information disclosure period from April 16 to May 18, 2025 [1] - Due to a lack of qualified bidders, the listing price was adjusted to RMB 18,477,001 for the second public offering, with the disclosure period from May 26 to May 30, 2025 [2] Progress of the Transaction - On June 11, 2025, the company’s board approved a proposal to adjust the listing price for the third public offering [2] - The adjusted price for the related debts is set at RMB 16,424,001, which includes a 20% reduction from the initial listing price, while the equity price remains at 1 yuan [2][3] - The management team is authorized to implement the transaction, including liaising with the trading institution and signing contracts [3]

Core Viewpoint - Beijing Urban Construction Investment Development Co., Ltd. plans to publicly transfer 9.24% equity in Beijing Science and Technology Park Construction (Group) Co., Ltd. at a minimum price of 28,206.06 million RMB, based on the net asset evaluation value multiplied by the company's shareholding ratio [1][2][9]. Group 1: Transaction Overview - The company holds 28 million shares in Beijing Science and Technology Park Construction, representing 9.24% of its total share capital, and intends to transfer this stake through public listing [2][3]. - The purpose of the transaction is to optimize the company's asset structure and resource allocation, thereby enhancing operational efficiency [2]. - The board of directors approved the proposal with a unanimous vote, and the transaction requires approval from the shareholders' meeting [2][3]. Group 2: Financial Information - The registered capital of Beijing Science and Technology Park Construction is 302,928.1648 million RMB, with total assets reported at 4,244,664.44 million RMB and total liabilities at 3,618,947.76 million RMB [4][7]. - The net asset value is 625,716.68 million RMB, with a net profit of -19,033.68 million RMB for the first quarter of 2025 [7][9]. - The asset evaluation report indicates that the total equity value of Beijing Science and Technology Park Construction is 305,260.38 million RMB, with a significant reduction in value based on different evaluation methods [9][10][11]. Group 3: Evaluation and Pricing - The asset-based evaluation method determined a net asset value of 305,260.38 million RMB, which will serve as the basis for the minimum transfer price [9][12]. - The evaluation results showed a significant impairment of 62.84% in net assets, indicating a substantial decrease in value [10][11]. - The final transaction price and the buyer remain uncertain, as they will depend on the public listing results [2][3][12].

Core Viewpoint - Company *ST Lvkang plans to sell its photovoltaic film business assets and liabilities to a newly established entity, Jiangxi Raoxin New Energy Materials Co., Ltd, with a registered capital of RMB 100 million [2][3] Group 1: Transaction Details - The transaction involves the sale of assets and liabilities related to the photovoltaic film business, and after completion, the related subsidiaries will no longer be included in the company's consolidated financial statements [3] - The major shareholder of Jiangxi Raoxin is Shanghai Kangyi Investment Co., Ltd, holding 58.63% of the shares, while other significant shareholders include Hangzhou Yirui Investment Partnership and Hangzhou Haoying Investment Partnership, each holding 16.55% [3] - The transaction will be conducted in cash and will not affect the company's shareholding structure [3] Group 2: Financial Overview - In 2024, the revenue from the photovoltaic film business is projected to be RMB 231 million, representing a year-on-year increase of 60.89%, accounting for 35.62% of total revenue [5] - The gross profit margin for the photovoltaic film business in 2024 is expected to be -38.63, contributing to increased losses for the company [5] - From 2021 to 2024, the company's revenue figures were RMB 363 million, RMB 330 million, RMB 507 million, and RMB 649 million, with net losses totaling RMB 815 million over the four years [5]