Shenzhen Mingzhu Decoration Co., Ltd.
Announcement on Proposed Sale of Company’s Idle Properties
The company and its board of directors ensure that the information contained herein is true, accurate, and complete, without any false records, misleading statements, or major omissions.
Special Note:
This transaction is conducted in the market under the guidance of the trading committee or through third-party property agents. Currently, there is no definitive transaction plan. The company will provide relevant information based on the development situation and market conditions, and requests investors to pay attention to investment risks.
Transaction Overview
To optimize Shenzhen Mingzhu Decoration Co., Ltd. (hereinafter referred to as "the Company") asset structure, improve capital utilization efficiency, and reduce idle asset maintenance costs, the Company intends to sell part of its idle properties. The specific properties include 5 residential units and 1 parking space, with an estimated value of 24,451,900 yuan.
The Company’s board of directors held the 13th meeting of the 12th session on April 25, 2026, to discuss the proposed sale of idle properties. The board has approved the transaction based on the estimated sale amount. According to the market conditions and the Company’s operational strategy, the estimated value of the properties as of March 31, 2026, is 24,451,900 yuan.
Basic Information on the Properties for Sale
The properties for sale are legally owned by the Company and consist of non-operational idle assets, specifically including 5 residential units and 1 parking space. The relevant information is as follows: