Core Viewpoint - Yunnan Chengtou Real Estate Co., Ltd. plans to accept debt repayment in the form of asset transfer due to the inability of related companies to repay their debts, aiming to expedite debt recovery and protect company interests [1][5]. Transaction Background - A dispute arose involving Fengyu Company, Qingfeng Company, and Qicai Company, leading to a lawsuit filed by the company. The court ruled in favor of the company, and a mediation agreement was reached in August 2025 [1][2]. - The mediation confirmed various financial obligations, including a total debt of approximately 81.06 million yuan, with specific costs allocated to the involved parties [2][6]. Transaction Overview - Fengyu Company made a partial cash payment of 456,600 yuan but could not fully settle the remaining debt. The company plans to accept assets from Qicai Company as repayment, totaling 92 units with a combined area of 13,568.38 square meters [3][4]. - The assessed value of the assets is approximately 81.05 million yuan, based on an evaluation conducted by Beijing Zhongtonghua Asset Appraisal Co., Ltd. [4][5]. Board Approval - The company's board of directors approved the asset transfer agreement on September 3, 2025, without requiring shareholder approval, as it falls within the board's authority [5][6]. Debt Repayment Agreement - The agreement stipulates that Qicai Company will repay the debt using the specified assets, with the value recognized by all parties involved. Any changes in asset value will not affect the agreed repayment terms [7][8]. - The company will apply for the release of the pledge on Fengyu Company's shares once the debt is fully repaid [8]. Purpose and Impact - The asset transfer is a strategic move to ensure timely recovery of receivables and resolve outstanding debt issues, adhering to principles of transparency and fairness [9].