A subsidiary of Zhenhua Heavy Industry (600320.SH) plans to sell two ships for US$206 million

Zhitongcaijing · 11/13/2023 10:33

Zhitong Finance App News, Zhenhua Heavy Industries (600320.SH) announced that in order to effectively revitalize assets, optimize asset allocation, and promote the company's healthy and sustainable development, Jiahua Shipping, which is controlled by the company's wholly-owned subsidiary, plans to sell its semi-submersible ships “RED ZED I” and “RED ZED II” to Ohai at a price of US$103 million each. It is expected to have a positive impact on the company's financial position in 2023 and 2024.