Oriental Yuhong announced that, in order to revitalize idle fixed assets, the company and its subsidiaries plan to sell 40 shops and office properties located in Miyun District, Beijing, with a total gross floor area of 4,605.70 square meters. The net book value of the underlying assets is 36.2744 million yuan, and the sale price is 20.65195 million yuan. This transaction is expected to result in an asset disposal loss of 17.3277 million yuan. After the completion of the transaction, the cumulative asset disposal loss since the most recent disclosure on April 17, 2026 is expected to be 28.531 million yuan, which will reach 10% of the company's audited net profit for the most recent fiscal year. This transaction does not constitute a related-party transaction or a major asset restructuring.
Beijing Oriental Yuhong Waterproof Technology Co LtdPlans to sell properties at a loss, expecting a disposal loss of 17.3 million yuan.
