Zhong Jia Guo Xin Sells Idle Beverage Production Machinery in Discloseable Deal
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Zhong Jia Guo Xin Holdings Company Limited has agreed to sell unused bottled water and beverage production machinery for RMB5.8 million to Taizhou Zheli Materials Co., Ltd. The assets, held by its subsidiary Zhejiang Shangshui Jieyun Food Co., Ltd., have been idle for years. The sale price reflects a significant premium over the assets' net book value of approximately HK$299,000 as of March 31, 2026. This transaction is classified as a discloseable deal and is part of the company's strategy to optimize underutilized assets.
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