Zhi Tong Cai Jing·2025-09-30 08:58Core Points - Nanjing Panda Electronics Co., Ltd. announced the public tender for the sale of 49% equity in ENC at an initial bid price of approximately RMB 516.5 million [1] - Due to the lack of qualified bidders during the initial public notice period, the bid price was reduced to RMB 465 million for the second public tender [1] - Ericsson (China) Limited was confirmed as the successful bidder for the 49% ENC equity at the final transaction price of RMB 465 million, with the company entitled to approximately RMB 256 million from the sale of 27% equity [1] - A property transaction contract was established between the sellers and Ericsson (China) on September 29, 2025, with a deposit of RMB 93 million paid by Ericsson, representing 20% of the total price [1] - The remaining amount of RMB 372 million is to be transferred by Ericsson (China) to a designated account within five working days from the effective date of the property transaction contract [1]