CHINT ELECTRICS(SH:601877) Zhi Tong Cai Jing·2025-09-01 11:59Core Viewpoint - Chint Electric (601877.SH) announced the decision to terminate the plan for the spin-off listing of its subsidiary, Chint Aneng Digital Energy (Zhejiang) Co., Ltd., due to favorable business performance and market conditions [1] Group 1: Spin-off Plan - The company held the fourth meeting of the ninth board of directors and the third meeting of the ninth supervisory board on October 28, 2022, where it approved the proposal for the spin-off listing of Chint Aneng [1] - The management was authorized to initiate the preparatory work for the spin-off listing of Chint Aneng [1] - The company actively advanced the spin-off process, including conducting due diligence with intermediaries and adhering to legal and regulatory requirements [1] Group 2: Business Performance and Market Conditions - Chint Aneng has shown good business development and rapid performance growth, which influenced the company's decision-making [1] - After comprehensive consideration of the current market environment and thorough communication with relevant parties, the company decided to withdraw the application for the spin-off listing on the Shanghai Stock Exchange [1]