Aerospace CH UAV (002389.SZ) plans to transfer the ownership of three parcels of land and buildings in Tazhou Nanyang Technology New Materials Industrial Park for no less than 408 million yuan.

Aerospace CH UAV (002389.SZ) announced that in order to revitalize existing assets, optimize the company's resource allocation, and focus resources on the development of the drone business, the company plans to sell three parcels of land and the property rights of buildings located at Nanyang Technology New Material Industry Park, No. 218 Xintan Road, Jiaojiang District, Taizhou City, Zhejiang Province, with a minimum price of 408 million yuan as determined by the evaluation report issued by Beijing Tianjianxingye Asset Appraisal Co., Ltd. (subject to the evaluation record). The sale will be conducted through public listing on the Shanghai United Property Rights Exchange. The total land area involved in this transfer is 153.75 acres, with a total building area of 103,900 square meters. The sale of the target assets is beneficial for the company to effectively revitalize assets, improve operational efficiency, reduce management costs, recapture funds for focused business development, enhance the company's profitability and risk resistance. The sale of the target assets will not affect the company's normal operations and is expected to have a positive impact on the company's profits.