Zhongcheng Co., Ltd.: Plans to publicly list for transfer seven idle properties in Dalian.
China Complete Plant Import & Export Corporation announced that its 10th Board of Directors held its 8th meeting and approved a proposal to transfer, by way of public listing on the Qingdao Property Exchange, 7 properties located on the 19th floor of Hongyuan Building, No. 23 Renmin Road, Zhongshan District, Dalian, with a total gross floor area of 824.24 square meters. With September 30, 2025 as the valuation base date, the appraised value of the above properties totals RMB 6.4531 million, and the initial listing reserve price shall be such appraised value, while the final transaction price shall be subject to the result of the public listing. This transaction does not constitute a major asset restructuring and does not need to be submitted to the shareholders' meeting for deliberation. At present, the transferee, transaction price, and other details remain uncertain, and the company will disclose follow-up progress in accordance with regulations.
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