Shenzhen Zhenye (Group) (000006.SZ) plans to sell certain property assets for 170 million yuan.

Shenzhen Zhenye A (000006.SZ) announced that, to further revitalize its existing assets, the company plans to publicly list and transfer six self-owned properties in Shenzhen through the Shenzhen United Property and Equity Exchange by way of public listing, including: Zhenye Meiyuan Comprehensive Building First Floor, Zhenye Meiyuan Comprehensive Building Second Floor, Baoli Building Podium Second Floor, Baoli Building Podium Third Floor, Xinghai Mingcheng Group One Shops Meat and Vegetable Market First Floor, and Xinghai Mingcheng Group One Shops Meat and Vegetable Market Second Floor. The total area of the properties proposed for sale is 8,410.10, and the total initial listing price is 170 million yuan.