Core Viewpoint - The company has signed an asset transfer agreement with a wholly-owned subsidiary of its controlling shareholder, agreeing to sell specific assets and corresponding liabilities related to the "Chongqing Mechanical and Electrical Procurement Trading Platform" for RMB 4.8854 million [1] Group 1: Asset Transfer Details - The asset group being sold includes specific assets and liabilities associated with the operations of the "Chongqing Mechanical and Electrical Procurement Trading Platform," which is a comprehensive service platform integrating procurement, payment, contracts, invoicing, and data [1] - The transaction is valued at RMB 4.8854 million [1] Group 2: Strategic Intent - The company aims to focus on its core business and enhance strategic and operational synergies by divesting non-core assets [1] - This move is part of the company's strategic development plan to consolidate resources and concentrate efforts on the high-end equipment business segment, thereby improving development quality and competitiveness [1] - The ultimate goal is to create long-term value for shareholders [1]

Core Viewpoint - Chongqing Mechanical and Electrical Co., Ltd. has signed an asset transfer agreement with Excellence Company to sell specific assets and corresponding liabilities related to the "Chongqing Mechanical and Electrical Procurement Trading Platform" for RMB 4.8854 million, aiming to focus on its core business and enhance strategic and operational synergy [1]. Group 1 - The asset transfer agreement involves the sale of the asset group operated by Shengpu Technology, specifically related to the procurement trading platform [1]. - The "Chongqing Mechanical and Electrical Procurement Trading Platform" is a comprehensive service platform that integrates procurement, payment, contracts, invoicing, and data [1]. - The company aims to further concentrate on its high-end equipment business segment, improve development quality, and enhance competitiveness to create long-term value for shareholders [1].