Shenzhen Textile A (000045): The Transfer Of The Crown Hua Company And The Property Rights Of The Good Property Company Are All Filed For State Assets.

Shenzhen textile A (000045.SZ) announced that in November 4, 2019, the company received the Shenzhen Investment Holdings Company Limited's "state assets appraisal project registration form" (record number: deep investment control review [2019] No. 023, deep investment control evaluation [2019] No. 024). The transfer of shares of Shenzhen Guan Hua printing and dyeing Co., Ltd. ("crown Hua company") and the transfer of Shenzhen good property leasing Co., Ltd. ("good property company") have been approved by the state asset management department for the record.

In November 4, 2019, the company received the Shenzhen Investment Holdings Company Limited's "state-owned assets appraisal project registration form" (record number: deep investment control review [2019] No. 023). The transfer of the company's stake in Guan Hua company has been registered by the state asset management department. The assessment result of the record is 679 million yuan worth of all rights and interests of the shareholders of the company, which is 67 million 446 thousand yuan higher than the 611 million yuan before the assessment. According to this calculation, the company's holding of 50.16% stake in Guan Hua company corresponds to the record recognition assessment result of about 340 million yuan, an increase of 33 million 830 thousand and 900 yuan compared to the pre assessment result of about 308 million yuan. The main reason is that the construction area and the overall transfer limit of Guan Hua building are deficient in consideration of the impact of the assessment object value. The final listing price of the company will be no less than the assessment result approved by the state assets management department for approval, about 340 million yuan.

In November 4, 2019, the company received the Shenzhen Investment Holdings Company Limited's "state assets appraisal project registration form" (record number: deep investment control review [No. 2019] No. 024). The transfer of good property company's equity matters has been registered by the state asset management department. The assessment result of the record is that the total value of the shareholders of the good property company is estimated to be about 121 million yuan, which is increased by 4 million 422 thousand and 800 yuan compared with the 117 million yuan before the filing assessment. Accordingly, the company's holding of 50% property rights of the good property company corresponds to the appraisal result of 60 million 554 thousand and 100 yuan, which is 2 million 211 thousand and 400 yuan higher than that of the case before the assessment. The main reason is that there is a lack of consideration in the case of representative property transactions and the trend of price trend in the time interval of benchmark days. The final listing price of the company will not be lower than the assessment result approved by the state assets management department for 60 million 554 thousand and 100 yuan.