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On May 8th, NobleOrderLimited, an indirect wholly-owned subsidiary of Weihuada Holdings, reached an agreement with AngelGeorgiev to sell a ship worth 14.6 million euros.Fishbites43%Fishbites.3m yacht.
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[Weihuada Holdings announced that it signed an agreement with AngelGeorgiev to sell 14.6 million euros of pleasure yachts]
On May 9, 00622.HK Holdings (00622.HK) announced that its indirect wholly-owned subsidiary NobleOrderLimited had signed an agreement with the buyer AngelGeorgiev on May 8, 2024 to sell a yacht worth 14.6 million euros (117 million yuan). The yacht is a 43.3m pleasure ship legally and beneficially owned by NobleOrderLimited. The completion of the deal will bring considerable revenue to Weihuada Holdings. Weihuada Holdings said that the sale of yachts is in line with the company's asset optimization strategy and will help the company to better allocate resources and improve capital efficiency. At the same time, the company will continue to pay attention to market opportunities and seek new growth points. The buyer of this transaction, AngelGeorgiev, is a well-known yacht enthusiast who has in-depth understanding and unique insights into the high-end yacht market. He spoke highly of the yacht purchased this time and said he would fully explore its value in its future use. The deal of Weihuada Holdings has aroused widespread concern in the industry. Analysts believe that the deal reflects not only Weihuada Holdings' decision-making ability in asset optimization, but also the company's keen insight into market opportunities. Weihuada Holdings will disclose more details of the deal in a subsequent announcement. Investors should pay close attention to the announcement of the company to get the latest trading information.