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Zhengye International Announces Property Sale for RMB16.9 Million

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Zhengye International Announces Property Sale for RMB16.9 Million

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Zhengye International Holdings Co., Ltd. ( (HK:3363) ) just unveiled an update.

Zhengye International Holdings Co., Ltd. announced a discloseable transaction involving the sale of a property by its wholly-owned subsidiary, Zhongshan Yongfa Zhizao Company Limited, to Zhongshan Wanshunda Electronics Co., Ltd. for RMB16,888,893. The transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, requiring notification and announcement. The sale is expected to generate a gross profit of approximately RMB2,121,000 for the company, reflecting a strategic move to optimize its asset portfolio.

More about Zhengye International Holdings Co., Ltd.

Average Trading Volume: 34,333

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$190M

See more data about 3363 stock on TipRanks’ Stock Analysis page.

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