--- title: "Sun Cable plans to sell part of its operating-related assets to Sun Cable High-tech" type: "News" locale: "en" url: "https://longbridge.com/en/news/240142187.md" description: "Sun Cable announced that it plans to sell assets related to its production and operation to Fujian Nanping Sun High-tech Cable Materials Co., Ltd., including machinery, vehicles, and electronic equipment, with a total transaction price of 19.2922 million yuan (including tax). This move aims to meet the operational needs of Sun High-tech and promote its long-term development, while also helping Sun Cable optimize resource allocation" datetime: "2025-05-14T10:43:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/240142187.md) - [en](https://longbridge.com/en/news/240142187.md) - [zh-HK](https://longbridge.com/zh-HK/news/240142187.md) --- # Sun Cable plans to sell part of its operating-related assets to Sun Cable High-tech According to the Zhitong Finance APP, Sun Cable (002300.SZ) announced that the company intends to sell its assets related to the production and operation of Fujian Nanping Sun High-tech Cable Materials Co., Ltd. (referred to as "Sun High-tech") to meet the operational needs of Sun High-tech. This transaction is aimed at satisfying the production and operational requirements of Sun High-tech and will contribute to its long-term development. After all parties complete the approval procedures, a sales contract will be signed, with a total transfer price of 19.2922 million yuan (including tax). This transaction is beneficial for the company to revitalize its existing assets and optimize resource allocation ### Related Stocks - [002300.CN](https://longbridge.com/en/quote/002300.CN.md) ## Related News & Research - [Oil little changed as traders await breakthrough in US.-Iran negotiations](https://longbridge.com/en/news/286925961.md) - [Tata Power's (NSE:TATAPOWER) Problems Go Beyond Weak Profit](https://longbridge.com/en/news/286980045.md) - [Market Chatter: NATO Discussing Hormuz Deployment to Help Guide Ships](https://longbridge.com/en/news/286930669.md) - [ZAWYA: KIB Group, represented by KIB Invest, acts as Joint Lead Manager in landmark $700mln Sukuk issuance by First Abu Dhabi Bank](https://longbridge.com/en/news/287054139.md) - [ACEN Australia's NSW solar output surges 87% as new capacity powers up](https://longbridge.com/en/news/287096598.md)