Shang Hai Zheng Quan Bao·2025-10-27 22:46Core Points - The company has received approval from the Guangzhou High-tech Zone Modern Energy Group for the sale of part of its shares in Yuexiu Capital [2] - The board of directors has authorized the management to sell up to 1% of the total shares of Yuexiu Capital through centralized bidding [1] - After the transaction, the company will still hold more than 5% of Yuexiu Capital's shares and will continue to account for the remaining investment using the equity method [1] Summary by Sections - Approval and Authorization - The company received approval from the relevant state-owned asset approval unit for the sale of shares [2] - The management will execute the sale based on market conditions and the stock price of Yuexiu Capital [2] - Transaction Details - The board meeting held on September 26, 2025, approved the proposal to sell shares [1] - The actual sale time, quantity, price, and investment returns are subject to uncertainty [2]