Core Points - China Metallurgical Group Corporation (China MCC) has signed a share transfer agreement to sell its entire stake in MCC Real Estate and related debts to Minmetals Land Holdings for approximately RMB 60.676 billion [1] - The company will also sell stakes in various subsidiaries to its controlling shareholder, China Minmetals, as part of a strategy to focus on core business areas and optimize resource allocation [1] - This divestiture is aligned with the national directive for central enterprises to concentrate on their main responsibilities and enhance professional integration [1] Group 1 - The sale will help China MCC divest non-core assets, optimize its business structure, and enhance its core competitiveness and sustainable profitability [1][2] - Post-sale, China MCC will have a clearer positioning as a core platform under China Minmetals, focusing on engineering contracting and emerging industries [2] - The restructuring aims to improve resource allocation efficiency, leading to a more stable overall operation and enhanced risk resistance [2] Group 2 - Future focus areas for China MCC include metallurgical engineering, non-ferrous and mining engineering construction and operation, high-end infrastructure, industrial construction, and emerging industries [1] - The company aims to leverage its core advantages in engineering construction, technological innovation, and project management to create a more competitive full industry chain ecosystem in collaboration with other business segments of China Minmetals [2]