GOLDENSEA's subsidiary plans to sell idle land in Thailand for 52.3969 million yuan
GOLDENSEA's subsidiary, Jinhai Sanxi Company, plans to sell a piece of idle land located in Thailand for 246 million Thai Baht (approximately 52.3969 million RMB). The transaction price represents a premium of approximately 16.4048 million RMB over the asset's book net value as of March 31, 2025, with a value increase rate of 45.58%. This move aims to optimize the company's asset structure, improve operational efficiency, and align with the company's long-term development strategy
According to the announcement from GOLDENSEA (603311.SH), the company plans to sell a piece of land located in the WHA Eastern Seaboard Industrial Estate No. 4 in the Pluak Daeng District of Rayong Province, Thailand, to Thailand's Rockwell Company. This decision is based on the company's overall strategic development plan and aims to further optimize the asset structure and maintain reasonable asset allocation. After friendly negotiations between both parties, the taxable transfer price for this asset sale is set at 246 million Thai Baht (approximately RMB 52.3969 million), determined by considering the market value and book value of the asset. The transaction price represents a premium of approximately RMB 16.4048 million over the book net value of the asset as of March 31, 2025, with an appreciation rate of 45.58% compared to the book value.
The subject asset was idle prior to the transaction, and this sale is beneficial for optimizing the company's asset structure and resource allocation, improving asset operational efficiency, and aligning with the company's actual operational needs and long-term development strategy
