Core Viewpoint - Yibin Paper Industry announced that its subsidiary, Sichuan Jinzhu New Materials Co., Ltd., plans to purchase industrial land and buildings from the related party Yibin Push Lian Dong Technology Co., Ltd. for 125 million yuan (excluding tax), which constitutes a related party transaction [1] Group 1: Transaction Details - The transaction has been approved by the company's board of directors and is pending approval from the shareholders' meeting [1] - The book value of the target assets is 35.7584 million yuan, while the assessed value is 125 million yuan, resulting in an appreciation rate of 249.54% [1] - The transaction price will be based on the assessed value filed with the competent authority [1] Group 2: Financial Context - The company's total audited assets for 2024 are projected to be 3.369 billion yuan, indicating that this transaction does not constitute a major asset restructuring [1]

Core Viewpoint - The company, Kunshan Kosen Technology Co., Ltd., is undergoing an asset recovery process involving its wholly-owned subsidiary, Kunshan Yuancheng Electronic Materials Co., Ltd., with a total compensation amount of RMB 117.87682 million aimed at revitalizing land resources and promoting industrial transformation [1][2]. Transaction Overview - The transaction involves the recovery of assets including land, buildings, and ancillary facilities located in the Kunshan Economic and Technological Development Zone, with a land area of 39,090 square meters [2][5]. - The compensation amount of RMB 117.87682 million is significantly higher than the book value of the assets, which is RMB 57.7619 million [3][4]. Asset Recovery Details - The assets being recovered have a market valuation of RMB 69.0553 million as of April 5, 2025, according to the appraisal reports [4]. - The agreement stipulates that the company must transfer the land use rights and property ownership certificates to the recovery authority within five working days after receiving the first payment [6][7]. Financial Impact - The asset recovery is expected to have a positive impact on the company's financial situation, potentially increasing pre-tax profits by approximately RMB 48 million [7][8]. - The company has already relocated its operations to other facilities, ensuring that production and business activities remain unaffected by this asset recovery [7].