--- title: "BRIEF: Debt-heavy AGILE GROUP sells assets to reduce debt" type: "News" locale: "en" url: "https://longbridge.com/en/news/278227762.md" description: "Debt-laden Agile Group sells assets to reduce debt. Agile Group Holdings Limited stated that its subsidiary New Tao Ecological Technology has agreed to sell multiple fixed assets to Yifeng Huachuang in a cash transaction. These assets include land, factories, equipment, pipeline networks, and construction projects. Agile stated that this sale will help improve its short-term and long-term asset allocation, unlock the full potential of its assets, enhance cash flow, and reduce debt risk. On Friday, Agile's stock opened flat at HKD 0.275, down 62% from its 52-week high" datetime: "2026-03-07T17:41:23.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278227762.md) - [en](https://longbridge.com/en/news/278227762.md) - [zh-HK](https://longbridge.com/zh-HK/news/278227762.md) --- # BRIEF: Debt-heavy AGILE GROUP sells assets to reduce debt Property developer **Agile Group Holdings Ltd.** (3383.HK) **said** on Thursday that its Xintao Eco Technology subsidiary has agreed to sell several of its fixed assets, including land, factories, equipment, pipeline networks and construction-in-progress, to Yifeng Huachuang for cash. Agile said the sales will help to improve its short- and long-term asset allocation, unlock the assets’ full potential, enhance its cash flow and mitigate debt risks. Shares of Agile opened flat at HK$0.275 on Friday. The stock is down 62% from its 52-week high. _By Lau Chi Hang_ _To subscribe to Bamboo Works weekly free newsletter, click_ here ### Related Stocks - [03319.HK](https://longbridge.com/en/quote/03319.HK.md) - [03383.HK](https://longbridge.com/en/quote/03383.HK.md) ## Related News & Research - [Agile Group Reschedules AGM and Adjusts Shareholder Record Dates](https://longbridge.com/en/news/284202856.md) - [Agile Group Posts RMB1.82 Billion in First-Quarter 2026 Presales](https://longbridge.com/en/news/281504091.md) - [Cramer reiterates debt-coverage rule amid high-rate pressures](https://longbridge.com/en/news/287048552.md) - [America’s trillion dollar debt crisis: Who owns the IOUs?](https://longbridge.com/en/news/286647557.md) - [Yuexiu Property to Issue CNY1.6 Billion Green Notes for Debt Refinancing](https://longbridge.com/en/news/287133848.md)