SED(SZ:000032) Zhi Tong Cai Jing·2025-10-22 09:49Core Viewpoint - The company aims to enhance its core competitiveness and ensure the preservation and appreciation of state-owned assets by divesting stakes in several subsidiaries [1] Group 1: Divestiture Details - The company’s wholly-owned subsidiary, China Electronics System Technology Co., Ltd., is planning to sell 80% of its stake in China Electronics Intercontinental Environmental Technology Development Co., Ltd. [1] - The company will also sell 70% of its stake in Shandong Zhongdian Furen New Energy Investment Co., Ltd. [1] - Additionally, the company intends to divest 100% of its stake in Zhongdian Hantang Biomass Energy Thermal Power Co., Ltd. [1] - The company is set to sell 42.5% of its stake in Hebei Zhongdian Jing'an Energy Conservation and Environmental Protection Technology Co., Ltd. [1] - The divestiture includes a 70% stake in Hebei Yutai Thermal Energy Technology Co., Ltd. [1] - Lastly, the company will sell 100% of its stake in Zhongdian Wuqiang Thermal Power Co., Ltd. [1] Group 2: Compliance and Process - The divestiture process will comply with relevant regulations regarding state-owned asset management [1] - The shares will be pre-listed for sale at the Beijing Property Exchange [1]