Huida Sanitary Ware Co Ltd603385
▼ NegativeCapitalrelevance
Selling subsidiary at 1 yuan and transferring 68 million yuan debt claims reduces net profit by ~32 million yuan in 2026.

Huida Sanitary Ware announced that its holding subsidiary Beiliu New Shengda plans to transfer its 100% equity in Guangxi New Gaosheng and the related debt claims of the company and Beiliu New Shengda against Guangxi New Gaosheng to Shengli Huafu. The equity transfer price is 1 yuan, and the debt claim transfer amount is 68 million yuan. This transaction is expected to reduce the company's net profit attributable to the parent by approximately 32 million yuan in 2026.
Huida Sanitary Ware Co LtdSelling subsidiary at 1 yuan and transferring 68 million yuan debt claims reduces net profit by ~32 million yuan in 2026.
Beiliu Xinshengda is the holding subsidiary executing the transfer; impact depends on its own financials, but article focuses on parent.