Zhitong Financial APP News, Seagull Housing (002084.SZ) issued a notice that due to changes in the business environment and the joint venture Zhejiang Jiangong Decoration Integrated Technology Co., Ltd. (hereinafter referred to as "integrated technology"), after friendly negotiations between the two parties Guangzhou Seagull Residential Industry Co., Ltd. (hereinafter referred to as "the company", ("Seagull Housing") and its wholly-owned subsidiary Haiou (Hong Kong) Residential Industry Co., Ltd. (hereinafter referred to as "Seagull (Hong Kong) Housing") and Zhejiang Jiangong Group Co., Ltd. (hereinafter referred to as "Zhejiang Jiangong") signed "Zhejiang Jiangong Decoration Integrated Technology Co., Ltd. 50% equity transfer agreement" (hereinafter referred to as "equity transfer agreement") It is proposed to transfer 50% of the equity held by the company and Seagull (Hong Kong) Housing Co., Ltd. to Zhejiang Construction Engineering. After the completion of this transfer, the company no longer holds a stake in integrated technology.
According to Zhejiang Puyang Asset Evaluation Co., Ltd. issued by Zhejiang Jiangong Group Co., Ltd., the proposed equity acquisition involves Zhejiang Jiangong Decoration Integrated Technology Co., Ltd. (Zhejiang Pu Evaluation report [2023] No. 037). Based on the evaluation value, the parties agree that the underlying equity is based on June 30, 2023, and the equity transfer price is confirmed to be 25 million yuan.
The company set up a joint venture with Zhejiang Construction Engineering to jointly promote the investment and construction of Longyou decorative parts base project and cooperation in the field of interior industrialization. However, due to the external macro environment, the real estate market has yet to recover, and the supply and demand of the home market continues to change, the existing production capacity that has been invested is not yet saturated, and the joint venture company has not achieved the desired results. After friendly negotiation between the two sides, the company withdrew from the integrated technology operation.