Zhuhai Port intends to transfer 36.46 million RMB to 100% stake in China

NetEase Finance November 22 Zhuhai Port Monday Evening issued a notice said, the company intends to be the 100% equity stake in the value of the evaluation to Zhuhai Port group, evaluation value of 36.4616 million yuan. Zhuhai Port said that in order to promote the strategic transformation of the company, a comprehensive exit from residential development, focus on the development of Port logistics business, the company intends to be the 100% stake in the Crown China to the value of the evaluation of the transfer to Zhuhai Port Holding Group Limited.　　This part of the assets of the book value of 3,917 850,000 yuan, the evaluation value of 3,646.160,000 Yuan.　　The announcement indicated that because Zhuhai Harbor Group owns 16.4% shares in Zhuhai Port, is its biggest shareholder, this transaction constitutes the related transaction. Zhuhai, said that the sale of 100% stake in the Crown China property, conducive to promoting the company's strategic transformation, a comprehensive exit from residential development, focus on the development of Port logistics business. The company expects this equity transfer will form a loss of about 4.5 million yuan. After the transfer is completed, the company no longer has a non-port real estate development assets.