Shanghai Kinlita Chemical Co.,Ltd. (300225.SZ) announced its intention to transfer its 34% stake in Shenzhen Yitaiji Technology Co., Ltd. to Rizhao Yitian Investment Partnership (Limited Partnership) for a transaction value of 328 million yuan. Upon completion of the deal, the company will no longer hold any shares in Yitaiji Technology.
The transaction is expected to negatively impact the company's current period profits by approximately -3.09 million yuan. However, over the entire investment period in Yitaiji Technology, the cumulative impact on the company's profits was positive at around 4.43 million yuan.
This divestment will help optimize the company's asset allocation, revitalize existing assets, and improve operational efficiency. The proceeds will provide sufficient funding support for R&D investments, production operations, and the implementation of future strategic initiatives in the company's core business.
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