卧龙电驱：终止筹划龙能电力北交所上市事项；拟出售多家子公司股权

Company Announcement - Wolong Electric Drive (600580) announced on January 5, 2025, that its 9th 11th interim board meeting and 9th 9th supervisory board meeting approved the termination of Longneng Power Technology Co Ltd's plan to apply for listing on the Beijing Stock Exchange [1] - The company plans to sell its 43 21% stake in Longneng Power, 80% stake in Zhejiang Wolong Energy Storage System Co Ltd, 51% stake in Wolong Inand (Zhejiang) Hydrogen Energy Technology Co Ltd, and 70% stake in Shaoxing Shangyu Shunfeng Electric Power Co Ltd to Wolong Resources Group Co Ltd [1] - Wolong Resources will pay for the equity in cash, and after the transaction, the company will no longer have control over these subsidiaries, leading to changes in the consolidated financial statements [1] - The company holds a 22 76% stake in Zhejiang Wolong Real Estate Investment Co Ltd, the major shareholder of Wolong Resources, and Wolong Holdings Group Co Ltd is the controlling shareholder of Wolong Resources, making this transaction a related party transaction [1]