CSSC Tech subsidiary progresses with asset sales

CSSC Science & Technology (SSE:600072) announced that its wholly-owned subsidiary, CSIC Ninth Design Institute, has made progress in selling assets previously disclosed on April 30, 2025. Four properties located in Shenzhen were sold via public listing to four individual buyers. The transactions included properties at 18 Dong, Binhe New Village East District, Binhe Road, Shenzhen, specifically units 101, 104, 203, and 403. The individual sale prices were CNY 3,870,860.00, CNY 3,870,860.00, CNY 3,333,790.00, and CNY 3,434,579.00 respectively, totaling CNY 14,510,089.00. CSIC Ninth Design Institute will now proceed to sign transaction agreements with each of the four buyers. The remaining properties will continue to be offered through the property exchange, and the company will disclose further progress as it occurs.