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]