Zhuzhou Kibing Group (SHA:601636) subsidiaries Shaoxing Qibin and Zhejiang Energy-Saving Glass completed its 893.5 million yuan asset sale to Chengfa Group.
The assets include land-use rights, buildings and equipment located in Yuecheng District in Shaoxing, China, according to a Feb. 22 filing with the Shanghai bourse.
The transaction is expected to boost the company's first-quarter net profit by about 442 million yuan.
Zhuzhou Kibing Group shares closed 2% higher Monday.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。