ST龙韵, a publicly traded company, announced that its wholly-owned subsidiary, Shanghai Huodou Industrial Co., Ltd., plans to sell its investment real estate located in Shanghai. The property, valued at approximately 126 million yuan as of December 31, 2025, will be listed for sale through the Shanghai United Assets and Equity Exchange. Separately, Shenyang Machine Tool Co. is forming a joint venture with Dalian Machine Tool, with a registered capital of 250 million yuan, to establish a new precision machine tool parts company. AI
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RANK_REASON The cluster contains announcements of asset sales and joint venture formations by established companies, which are business operations rather than core AI developments.