Company Name: Kangli Elevator Co., Ltd. Stock Code: 002367 Announcement Number: 202612
Announcement on Proposed Sale and Revitalization of Certain Real Estate Properties
The Company and all members of its board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false representations, misleading statements, or material omissions.
Kangli Elevator Co., Ltd. (hereinafter referred to as the "Company") held its 21st meeting of the Sixth Board of Directors on March 25, 2026, and approved the "Proposal on the Proposed Sale and Revitalization of Certain Real Estate Properties." This proposal needs to be submitted to the Company's 2025 Annual General Meeting of Shareholders for consideration. The relevant situation is announced as follows:
I. Transaction Overview
- To further revitalize existing assets, optimize the asset structure, and improve asset operational efficiency, the Company proposes to sell and revitalize certain real estate properties.
- To ensure the smooth and efficient progress of the transaction, the Company proposes to authorize the management to fully represent the Company in handling the sale matters based on market conditions, signing relevant agreements and documents, and completing transfer procedures.
- The sale of these real estate properties does not currently constitute a related-party transaction, nor does it constitute a major asset restructuring as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies."