格隆汇11月19日丨大悦城地产(00207.HK)公告，于2025年11月19日，成都辰悦(公司间接全资附属公司) 以人民币26.5亿元成功竞拍规划和自然资源局于网上公开挂牌要约出售该地块的土地使用权。收购事项 相关成交确认书已于同日取得，而收购事项相关土地使用权出让合同预计将于2025年12月3日或前订 立。成都辰悦已支付网上公开挂牌的竞买保证金人民币5.32亿元。成都辰悦将于收购事项完成后持有该 地块权益以进行该地块的未来开发。该地块位于中国成都市。 该项目位于成都市，而成都市作为中国西部的重要枢纽，以其强劲的经济活力与巨大的市场潜力着称。 项目所在的青羊区拥有稳健的产业基础、不断增长的消费需求而有效商业供应不足，为商业投资提供庞 大机遇。该项目位于青羊区行政中心外光华区，该项目将受惠于蓬勃发展的航空产业集群及充满活力 的"住宅+商业"环境。监于该地块的位置及规划用途，预期在完成发展后将实现正面投资价值，从而为 集团产生现金流及稳定且令人满意的收益及溢利。董事认为，收购事项符合集团的业务发展策略及规 划。 ...

Core Viewpoint - Hualian Huojun, a wholly-owned subsidiary of Hualian Co., Ltd., plans to acquire the land use rights of Hunan Anxun Logistics Co., Ltd. for business development purposes, with the transaction amounting to approximately 1.721 million yuan [1] Group 1: Transaction Details - The market value of the land use rights was assessed at 1,721,419.00 yuan, including VAT, as of February 28, 2025 [1] - The agreed total transfer price for the asset is 1,721,400.00 yuan, which is consistent with the assessed market value [1] - The transaction is classified as a related party transaction since Anxun Logistics is an affiliate of the company [1]

Core Viewpoint - The land parcel in Gaoping City, Shanxi Province, is being re-offered at a higher starting price after failing to sell in a previous auction, which is an unusual trend in the real estate market [1][6]. Group 1: Land Parcel Details - The land parcel is located at the intersection of Jinhua Street and Shennong Road in Gaoping City, covering an area of 64,229.26 square meters, designated for residential and commercial use [3]. - The starting price for the re-offered land is set at 30,615 million yuan, with a deposit requirement of 8 million yuan, and the bidding process is scheduled to begin on November 28 [3]. - The previous auction for this land took place from October 21 to November 4, with an initial price of 20,058 million yuan, resulting in a failure to sell [6]. Group 2: Market Context - Gaoping City is under the jurisdiction of Jincheng City, with a total area of 946 square kilometers and a population of approximately 442,198 as of December 2024 [9]. - Recent land sales in Jincheng City have seen significant premium rates, with one residential plot sold for 8,600 million yuan at a 59% premium and another gas station site sold for 840,000 yuan at a 180% premium [9]. - The increase in the starting price for the Gaoping land parcel after its initial failure to sell raises questions about market dynamics and demand in the region [6][9].

Core Viewpoint - China West Electric (601179.SH) aims to streamline asset ownership and enhance operational efficiency through the acquisition of assets from Xi'an West Electric Asset Management Co., with a transaction price of 132 million yuan [1] Group 1: Company Strategy - The acquisition involves purchasing buildings, land use rights, and machinery assets to support the company's strategic layout and business expansion in the southwestern region of China [1] Group 2: Financial Details - The agreed transaction price for the assets is 132 million yuan, which includes tax [1]

Core Viewpoint - China Xidian announced on November 7 that its wholly-owned subsidiary, Xidian Zhongte, plans to purchase assets including buildings, land use rights, and machinery from Xidian Assets for a total price of 132 million yuan (including tax) [1] Group 1: Transaction Details - The transaction involves the acquisition of real estate and equipment assets held by Xidian Assets, which is a wholly-owned subsidiary of the company's controlling shareholder, China Electrical Equipment Group [1] - The transaction has been approved by the independent directors at the third meeting of the special committee and the fifth meeting of the fifth board of directors, with related directors abstaining from voting [1] - This transaction does not require submission for shareholder meeting approval [1]

Core Viewpoint - China West Electric (601179.SH) announced a strategic acquisition to enhance asset ownership clarity and operational efficiency by purchasing assets from Xi'an West Electric Asset Management Co., Ltd. for 132 million yuan (including tax) [1] Group 1: Acquisition Details - The acquisition involves the purchase of buildings, land use rights, and machinery assets [1] - The transaction price is set at 132 million yuan, which is approximately 19.5 million USD [1] Group 2: Strategic Implications - This acquisition aims to support the company's strategic layout and business expansion in the southwestern region of China [1]

Core Viewpoint - Yichang Technology (002420) plans to transfer assets from its wholly-owned subsidiaries to the government for storage, aiming to optimize resource allocation and enhance cash flow [1][2]. Group 1: Asset Transfer Details - The company intends to transfer the real estate and land use rights of its subsidiary Jiangsu Yichang and Jiangsu Design Valley to the government, managed by Kunshan Kunkaichuang Asset Management Co., Ltd. [1] - The market value of Jiangsu Yichang's assets is assessed at 189.73 million yuan, with an appreciation of 128.11 million yuan, resulting in an appreciation rate of 207.89% [1]. - The market value of Jiangsu Design Valley's assets is assessed at 55.58 million yuan, with an appreciation of 42.86 million yuan, resulting in an appreciation rate of 336.96% [1]. Group 2: Financial Implications - The transaction is based on an assessed value of 245 million yuan, with a maximum price adjustment of 5% agreed upon by the parties involved, and payment will be made in four installments [1]. - The proceeds from the transaction will be used to supplement working capital and invest in the company's main business [2]. - The transaction is aligned with the company's strategic development plan, aiming to improve resource allocation and increase cash flow [2].

Core Viewpoint - The company plans to sell land use rights and factory buildings to Linyi Jingxin Glass Co., Ltd. for a total price of 23.852 million yuan (including tax) as part of its strategy to optimize asset structure and activate idle assets [1][2][21]. Transaction Overview - The transaction involves the sale of land use rights and factory buildings located in the Economic Development Zone of Linyi County, Shandong Province [2][19]. - The board of directors approved the transaction with a unanimous vote of 8 in favor, 0 against, and 0 abstentions [3]. - The transaction does not constitute a related party transaction or a major asset restructuring, and it does not require shareholder approval [4][22]. Buyer Information - Linyi Jingxin Glass Co., Ltd. has no related party relationships with the company and is considered to have good creditworthiness, indicating a low risk for the transaction [6]. Asset Details - The assets being sold have clear ownership and are free from any encumbrances, litigation, or other restrictions that could hinder the transfer [7]. - The assets are currently idle, as the main production lines have been relocated, and they are ready for transfer [8]. Valuation and Pricing - The agreed transaction price of 23.852 million yuan is based on an independent valuation conducted by Shandong Zhengbang Land Real Estate Asset Appraisal Co., Ltd., which assessed the market value of the assets as of August 16, 2025 [9][11]. - The valuation methodology included cost approach and benchmark land price adjustment methods due to the lack of comparable market transactions [10]. Payment Terms - The buyer is required to pay 30% of the total price (7.1556 million yuan) within 5 working days after signing the contract, with the remaining 70% due after the completion of property transfer and mortgage loan processing [21]. Impact on Company - The sale is intended to optimize the company's asset structure and will not affect its normal operations or harm the interests of shareholders, particularly minority shareholders [22].

Core Viewpoint - Nanjing Pharmaceutical Co., Ltd. is terminating the public listing of its subsidiary, Liaoning Kangda Color Printing Packaging Co., Ltd.'s assets due to a lack of interested buyers after one year of offering the assets for sale [1][2]. Group 1: Asset Disposal Decision - On August 28, 2024, the company's board approved the public listing of certain assets from Liaoning Kangda Color Printing Packaging Co., Ltd. to enhance operational quality and profitability [1]. - The assets include 24,763.11 square meters of buildings, 46,872.11 square meters of land use rights, and 12 structures, with an assessed value of 37.35 million yuan [1]. Group 2: Asset Listing Progress - From October 12, 2024, to October 12, 2025, the assets were publicly listed on the Shenyang United Property Rights Exchange, but no interested buyers were found by the deadline [2]. - On October 13, 2025, the company received a confirmation from the exchange regarding the lack of interest in the assets, leading to the termination of the listing [2].

Core Viewpoint - The company, Aofu Technology (688021.SH), has approved a proposal to sell land use rights and factory buildings to Jingxin Optics Co., Ltd. for a total estimated price of 23.85 million yuan (including tax) [1] Group 1 - The fourth board meeting of the company was held to review the proposal for the sale [1] - The land use rights and buildings being sold are located in the Economic Development Zone of Linyi County, Dezhou City, Shandong Province [1] - The sale involves multiple property certificates, including certificates numbered 0001187, 0014510, and several others [1]