Ofilm Group adjusts profit increase from asset sale

OFILM Group (SZSE:002456) announced an adjustment to the estimated profit increase from the sale of certain properties and land use rights in Shenzhen’s Guangming High-Tech Zone. The final transaction price, as approved by Guangming District authorities, is RMB 602.1309 million (including tax). As of the announcement date, the Guangming District government has paid RMB 259.837 million. Based on the finalized transaction price, the company now estimates a profit increase of RMB 1.0275 million, which is subject to change based on future periodic reports. The initial sale agreement was approved on December 22, 2023, and ownership transfer was completed by January 4, 2024.