出售事项完成后，集团的物业组合将减少。集团将继续从事物业业务，并持有其余四个物业项目的投资，包括位于中国江苏省南京市及山东省威海市的购物中心、停车场及其他商业项目。于本公布日期，公司目前无意愿销售及╱或出售任何其余物业资产╱ 投资。展望未来，公司将定期检讨其物业业务之表现及前景，并于经营现有业务时，将考虑集团可用资源，以为股东带来最大回报。Fullshare Holdings (00607) announced that on August 29, 2024, the group entered into a transaction agreement with the buyer Jiaxing Fengrui Enterprise Management...
Zhongtong Finance App News, Fullshare Holdings (00607) announced that on August 29, 2024, the group entered into a transaction agreement with the buyer Jiaxing Fengrui Enterprise Management Partnership Enterprise (Limited Partnership), based on which, the group conditionally agreed to sell all the shares held in Fullshare Health Travel to the buyer in accordance with the equity transfer agreement. After the completion of the sale, the Fullshare Health Travel Group member companies (including Fullshare Dazhu Group) will no longer be subsidiaries of the company, but the company will continue to indirectly hold 26.67% equity of Fullshare Dazhu.
The announcement stated that due to the challenging operating environment in China's real estate industry, coupled with the deteriorating financial condition of the group, the group has been exploring different options to reduce its asset-liability ratio and improve its working capital and financial condition. Therefore, the group is determined to split and sell some of its property portfolio urgently to improve working capital, reduce debt, and utilize its resources and experience to develop a light asset property business, such as providing commercial property management and property development services. In addition, the sale will reduce the risk of the group's remaining loans to Fullshare Dazhu Group, and significantly lower the group's overall debt ratio.
After the completion of the sale, the group's property portfolio will decrease. The group will continue to engage in property business and hold investments in the remaining four property projects, including shopping centers, parking lots, and other commercial projects located in Nanjing City, Jiangsu Province, and Weihai City, Shandong Province, China. As of the date of this announcement, the company has no intention to sell and/or dispose of any other property assets/investments. Looking ahead, the company will regularly review the performance and prospects of its property business, and in operating existing businesses, will consider the group's available resources to bring the maximum return to shareholders.
