CYG(SH:600525) Zheng Quan Zhi Xing·2025-07-21 10:37Core Viewpoint - The company has approved several significant resolutions regarding the transfer and cancellation of subsidiaries and projects, which are expected to have no major impact on its financial status. Group 1: Share Transfer Resolutions - The company approved the transfer of 100% equity of its wholly-owned subsidiary, Shenyang Nengbin New Energy Co., Ltd., to Liaoning Haoyue Power Station Development Co., Ltd. for a price of 200,000 RMB, as the distributed photovoltaic project has not yet commenced investment and construction [1][2] - The company also agreed to transfer 67% equity of its Nigerian subsidiary, CYG ENERGY TECH NIGERIA CO. LTD, to an individual for a nominal price of 1 RMB, with no operational activities having been conducted by the subsidiary [3] Group 2: Cancellation of Funds and Subsidiaries - The company has decided to terminate its participation in two energy storage industry funds, with the first fund having returned all contributions by May 2024, and the second fund's cancellation expected to have no significant financial impact [4][5] - The company will also proceed with the cancellation of its wholly-owned subsidiaries, Hefei Nengbin New Energy Development Co., Ltd., Chuzhou Nengbin Phase I New Energy Development Co., Ltd., and Wuhu Nengbin Phase I New Energy Co., Ltd., as they have not engaged in any business activities and have no outstanding contracts or employees [6]