Group 1 - The company Fantasia Holdings (01777) announced the sale of its subsidiary Tian Ge (Tian Ge Electronics Co., Ltd.) to Shenzhen Tuomei Lianhua Trading Co., Ltd. for a total consideration of RMB 30 million, which includes approximately 60.67% equity in the project company Shenzhen Anbo Electronics Co., Ltd. [1][2] - The sale of Tian Ge will result in the company no longer holding any interests in the target group, which includes Tian Ge and the project company [1][2] - Additionally, the company sold its subsidiary Huohuo (Shenzhen Huohuo Innovation Industry Operation Management Co., Ltd.) to Shenzhen Lianxiang Commercial Management Co., Ltd. for RMB 1 million, and will also transfer a debt for RMB 48 million to Shenzhen Longlian Investment Consulting Co., Ltd. [1][2] Group 2 - Tian Ge primarily engages in investment holding and is an indirect wholly-owned subsidiary of the company, while the project company is involved in property development, holding a project in Longgang District, Shenzhen, covering approximately 39,816.75 square meters with a rental area of about 65,653.72 square meters [2] - Huohuo focuses on the operation management of industrial parks, property leasing, and management, acting as a sub-lessor for the property located in Longgang District, Shenzhen [2] - The sales are expected to enhance the company's cash flow and increase its working capital, leading to improved financial liquidity, with an anticipated net gain of approximately RMB 7.26 million from these transactions [2]