Zhongnan Corporation: Plans to transfer assets related to sludge pipe belt conveyor for 58,497,200 yuan

Golden Ten Data, November 21st news, Zhongnan Shares announced that in order to revitalize the stock assets, the company plans to transfer the sludge pipe belt conveyor related assets to Shaogang Jiayang for a total of 58.497.2 million RMB protocol. The transaction target is the company's sludge pipe belt conveyor related assets, with an assessed value of 52.850.9 million RMB (excluding tax). The main terms of the asset transfer protocol include: the transfer consideration is determined based on the assessed value and amounts to 58.497.2 million RMB (including tax). The proceeds from the sale of assets will be used for the company's daily production and operation.

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