智通财经网·2025-10-14 02:57Core Viewpoint - New Energy's stock price is currently trading at a discount compared to the proposed privatization value, indicating potential upside for investors [1] Group 1: Stock Performance - New Energy's stock has risen over 3%, currently up 2.66% at HKD 67.6, with a trading volume of HKD 201 million [1] Group 2: Privatization Proposal - The theoretical total value of the privatization plan by New Energy's parent company is HKD 80 per share, representing a premium of approximately 26% over the current price [1] - The HKD 80 share price consists of HKD 24.5 in cash and 2.94 shares of New Energy's H-shares [1] - The expected median price for New Energy's H-shares post-listing is HKD 18.86, corresponding to a dynamic PE of about 10 times for 2025, suggesting potential for valuation growth based on stable earnings and dividends [1] Group 3: Regulatory Approval - The company is awaiting necessary approvals from Chinese regulatory authorities, including registration, CSRC approval, and at least two-thirds approval from independent shareholders, with expectations for progress in the fourth quarter [1]