FilingReader Intelligence
Zhuzhou Kibing completes 89.4bn yuan asset sale
August 22, 2025 at 11:21 AM UTC•By FilingReader AI
Zhuzhou Kibing Group's subsidiaries completed the sale of factory land use rights, buildings and equipment for 89.4bn yuan, receiving the final payment of 5bn yuan.
The transaction is expected to increase the company's first-half 2025 net profit by 442m yuan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:601636•Shanghai Stock Exchange
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