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South China Holdings Sells Dongguan Land and Plant in RMB290 Million Deal

Story Highlights
  • South China Holdings will sell a Dongguan land use right and plant for RMB290 million, far above their carrying value.
  • The asset sale qualifies as a major transaction but has already received controlling shareholder approval, avoiding a general meeting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
South China Holdings Sells Dongguan Land and Plant in RMB290 Million Deal

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South China Holdings Company Limited ( (HK:0413) ) just unveiled an update.

South China Holdings Company Limited has agreed to dispose of a land use right and an associated plant building in Dongguan, held through its indirect wholly owned subsidiary Everwin Toys (Dongguan) Company Limited, for RMB290 million (approximately HK$318.7 million), compared with an unaudited carrying value of about HK$57.8 million as at 30 November 2025. The transaction, classified as a major transaction under Hong Kong listing rules, has already received written approval from the company’s controlling shareholder and his associates, who together hold about 61.23% of the company’s share capital, allowing the deal to proceed without convening a general meeting and signaling a significant asset realignment that may strengthen the company’s financial position and streamline its mainland manufacturing footprint.

The most recent analyst rating on (HK:0413) stock is a Hold with a HK$0.03 price target. To see the full list of analyst forecasts on South China Holdings Company Limited stock, see the HK:0413 Stock Forecast page.

More about South China Holdings Company Limited

South China Holdings Company Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries that include Everwin Toys (Dongguan) Company Limited, which holds industrial land use rights and plant buildings in mainland China used for manufacturing-related activities.

YTD Price Performance: -13.16%

Average Trading Volume: 1,266,973

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$428.4M

For an in-depth examination of 0413 stock, go to TipRanks’ Overview page.

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