Baota Industry(SZ:000595) Zheng Quan Zhi Xing·2025-07-04 16:22Group 1 - The company plans to acquire 100% equity of Ningxia Electric Power Investment New Energy Co., Ltd. through a major asset swap and cash payment [1][2] - The board of directors and the supervisory board have approved the proposal regarding the major asset swap and cash purchase on June 6, 2025 [1] - The approval from the Ningxia State-owned Assets Supervision and Administration Commission has been received, allowing the company to proceed with the transaction, pending shareholder approval [2] Group 2 - The company will comply with relevant regulations and fulfill information disclosure obligations in a timely manner [2] - Investors are advised to pay attention to subsequent announcements from the company regarding this transaction [2]