Merchants Accumulated Profit (001914.SZ) intends to list and transfer 60% equity of its holding subsidiary Hengyang Zhonghang.

date
11/11/2025
China Fortune Financial News APP reported that CMB Miles (001914.SZ) issued an announcement, stating that the company plans to use the equity valuation results provided by evaluation agencies as the basis, with 1.6756 million yuan as the listing floor price, to publicly auction 60% of the equity of Hengyang Zhonghang Real Estate Co., Ltd. (referred to as "Hengyang Zhonghang") held by the company at the Beijing Property Rights Exchange. If the valuation of 60% equity of Hengyang Zhonghang calculated based on the evaluation results filed by the qualified state-owned asset management department is higher than 1.6756 million yuan, then the listing floor price will be based on the valuation of 60% equity of Hengyang Zhonghang calculated based on the evaluation results filed by the qualified state-owned asset management department. If the equity transfer is completed, the company will no longer hold equity in Hengyang Zhonghang, and Hengyang Zhonghang will no longer be included in the company's consolidated financial statements.