Profit time (06838): Proposed sale of some used equipment for $16.634 million

Zhitong Finance App News, Profit Time (06838) announced that on November 6, 2026, the Group and Xinliangjie Machinery signed a total of 3 sales agreements with roughly the same terms to sell a number of used equipment. The total cost was approximately RMB 166.34 million (excluding VAT).

According to the sales agreement I, Profit Watch Industry agreed to sell, while Xinliangjie Machinery agreed to purchase 214 items of used equipment, including small processing centers, oil mist collectors, transformers, voltage regulators, rotary indexing tables, rotary tables, vertical drilling processing centers, fourth axes, oil coolers, CNC engraving machines, chillers, tool setters, and 5-axis 5-axis machining centers.

According to the sale agreement II, Yingtai Precision agreed to sell, while Xinliangjie Machinery agreed to purchase 161 items of used equipment, including vertical machining centers, rotary indexing plates, oil mist separators, voltage regulators, small machining centers, transformers, vertical drilling processing centers, rotary discs and carving machines.

According to the sale agreement III, Yingtai Precision agreed to sell, while Xinliangjie Machinery agreed to purchase 207 items of used equipment, including small machining centers, oil mist separators, voltage regulators, indexing tables, automatic water discharge systems for high-pressure spray cutting, rotating workbenches, oil recovery filters, vertical machining centers, harmonics, CNC engraving centers, tool setters and probes.