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Guolian Aquatic (300094.SZ): Subsidiary Plans to Sell Assets
Gelonghui, July 15 — Guolian Aquatic Co., Ltd. (300094.SZ) announced that, in order to further optimize the company's asset allocation, revitalize its assets, and enhance asset operation and utilization efficiency, Zhanjiang Guolian Aquatic Development Co., Ltd. convened the 24th meeting of the Sixth Board of Directors on July 15, 2026, and approved the 'Proposal on the Proposed Asset Sale by a Wholly Owned Subsidiary.' The board agreed that the company’s wholly owned subsidiary, Liancheng Investments, LLC, will sell its owned assets to LBA-Logistics for USD 17 million (RMB 115.447 million).
Express News | Aquaculture stocks rose early in the session, with Baiyang Shares hitting the daily trading limit.
Guolian Aquatic (300094.SZ) plans to sell assets related to Xiangyi Aquatic to raise funds and improve cash flow.
Guolian Aquatic (300094.SZ) announced that, in order to further optimize its idle assets and quickly recover funds to improve cash flow, the company intends to sell in a single package to Hubei Hongzhan Warehousing Services Co., Ltd. (hereinafter referred to as "Hongzhan Warehousing") the industrial land use rights, all buildings and structures thereon, and all machinery, equipment, and ancillary facilities within the plant owned by its wholly owned indirect subsidiary, Yichang Xiangyi Aquatic Products Co., Ltd. (hereinafter referred to as "Xiangyi Aquatic"), located at Zhizixi Avenue, Anfusi Town, Zhijiang City, Yichang City, Hubei Province, for a transaction price of RMB 16 million.
Guolian Aquatic Products: First Quarter Report for 2026
Guolian Aquatic Products: 2025 Annual Report