Dawei Technology (Guangdong) Group (600589.SH) plans to list and transfer some assets to focus on its core business.

Dawei Technology (Guangdong) Group (600589.SH) announced that, in order to focus on the company's strategic direction, concentrate on core business, further enhance asset utilization efficiency, revitalize existing assets, increase working capital, and strengthen the company's sustainable operating capabilities, the company plans to transfer the land use rights and ownership of buildings (referred to as the "main factory area") located north of Xinxing East Road and east of Donghu Road in Rongcheng District, Jieyang City, through public listing on the Southern United Equity Exchange. The initial public listing transfer price for the main factory area is determined to be 16.21 million yuan based on the evaluation value, and the final transaction amount will be based on the actual transaction price.