Conch (000619.SZ) plans to publicly list and sell some of its assets with a base price of 94.5 million yuan.

Conch (000619.SZ) announced that the company plans to sell part of its assets including land, buildings, factory facilities, and power distribution equipment located at No. 38 Gangwan Road, Economic and Technological Development Zone, Wuhu City, Anhui Province through public listing. The listing floor price is 94.5 million yuan (including value-added tax), and the listing price will be based on the evaluation value of the assets by Beijing Huaya Zhengxin Asset Appraisal Co., Ltd., a company with qualifications in securities and futures related businesses, as of April 30, 2025. The specific transaction price will be determined based on the results of the public listing auction. The main purpose of this transaction is to optimize resource allocation, revitalize existing assets, focus on strategic priorities, and promote the company's sustained and stable development.