Core Viewpoint - Pudong Construction (600284.SH) plans to sell 100% equity and debt of Shanghai Puxing Chuangzhi Enterprise Management Co., Ltd. through public listing and initiate asset securitization (similar to REITs) [1] Group 1 - The company and its wholly-owned subsidiary, Shanghai Puxing Investment Development Co., Ltd., along with Shanghai Pudong Road and Bridge (Group) Co., Ltd., are involved in the sale of the target assets [1] - The assets will be sold via a public listing, with the price determined based on audit and evaluation results, ensuring it will not be lower than these assessments [1] - If the trust company is confirmed as the bidder, it will use the funds raised from the trust to pay for the target assets and hold them on behalf of the trust [1]

Core Viewpoint - Pudong Construction (600284.SH) plans to sell 100% equity and debt of Shanghai Puxing Chuangzhi Enterprise Management Co., Ltd. through public listing and initiate asset securitization (similar to REITs) [1] Group 1 - The company and its wholly-owned subsidiary, Shanghai Puxing Investment Development Co., Ltd., along with Shanghai Pudong Road and Bridge (Group) Co., Ltd., are involved in the sale of the target assets [1] - The assets will be sold via a public listing, with the final sale price determined by actual transaction results, not lower than the audited and assessed value [1] - Pudong Construction will act as the initiating institution and will establish an asset-backed securities trust through a qualified trust company [1]