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卧龙新能:拟出售上海矿业90%股权

Core Viewpoint - Wolong New Energy plans to sell 90% stake in Shanghai Mining to its indirect controlling shareholder, Wolong Holdings, for 221 million yuan, aiming to eliminate competition with its subsidiary Zhejiang Mining and focus on strategic resource integration and business transformation [1] Group 1: Transaction Details - The transaction price for the 90% stake in Shanghai Mining is set at 221 million yuan [1] - After the transaction, Wolong New Energy will no longer hold any equity in Shanghai Mining [1] - The transaction does not involve issuing shares and will not change the company's equity structure [1] Group 2: Business Focus and Strategy - The sale aims to resolve competition issues with Zhejiang Mining and enhance collaboration among wind energy, photovoltaic, energy storage, and hydrogen energy sectors [1] - The company is shifting its focus towards resource integration and business transformation [1] Group 3: Financial Impact - Following the transaction, the company's total assets, total liabilities, and debt-to-asset ratio will decrease [1] - The projected basic earnings per share for 2024, after deducting non-recurring items, is 0.14 yuan per share, indicating a decline in profitability [1] - The adjusted basic earnings per share, after non-recurring items, is estimated at 0.06 yuan per share [1]