002419.CS▲
Rainbow Department Store Subsidiary Plans to List Xiamen Atlantic Rainbow Store Property for Transfer at 176 Million Yuan
Rainbow Department Store announced that its wholly owned subsidiary Xiamen Rainbow plans to publicly list for transfer the property assets of the Xiamen Atlantic Rainbow store through the Beijing Equity Exchange, with a listed transfer price of 176 million yuan, including value-added tax. The book value of the underlying assets is 36.6385 million yuan, with an assessed appreciation of 138 million yuan, representing an appreciation rate of 375.33 percent. Rainbow Department Store stated that this transaction aims to advance the company's asset-light development strategy and optimize its asset structure and resource allocation. After the transaction is completed, Xiamen Rainbow will continue to operate the store by leasing the underlying assets from the counterparty. The company also cautioned that both the completion of the transaction and the final transaction price remain uncertain.
002419.CS · Capital · Positive Plans to sell Xiamen Atlantic Rainbow store property for 176 million yuan, well above its 36.6 million book value, advancing an asset-light strategy and optimizing its asset structure.