南京熊猫: 南京熊猫重大事项进展公告

Core Viewpoint - Nanjing Panda Electronics Co., Ltd. is progressing towards a significant equity disposal of its stake in ENC, which is expected to have a positive financial impact on the company if completed successfully [2][3]. Group 1: Equity Disposal Details - The company and other Chinese shareholders of ENC have received written confirmation from Ericsson regarding the intent to purchase 49% equity held by the company and other shareholders for a specific cash consideration [2]. - The expected recoverable amount from this transaction is no less than approximately RMB 250 million, subject to final valuation and transaction processes [2]. - The company has previously recognized a full impairment of RMB 230 million on its long-term investment in ENC, indicating a potential financial turnaround if the equity disposal is completed [2]. Group 2: Transaction Conditions and Timeline - The completion of the transaction is contingent upon reaching an agreement on detailed terms and obtaining necessary approvals, with a target completion date set before September 2025 [3]. - The equity disposal will be conducted in compliance with state-owned asset management regulations, potentially through public listing or other legal means [3]. - There are uncertainties regarding the execution of the equity disposal due to the need for ongoing negotiations and adherence to decision-making processes among the involved parties [3].