Core Viewpoint - Wolong New Energy Group Co., Ltd. has completed the transfer of 90% equity in Wolong Mining (Shanghai) Co., Ltd. to Zhejiang Wolong Shunyu Investment Co., Ltd., marking a significant asset sale and related transaction [1]. Group 1: Transition Period - The transition period for the asset transfer is defined as from January 1, 2025, to June 30, 2025, based on the agreement signed with Wolong Shunyu [2]. Group 2: Profit and Loss Arrangement - According to the share sale agreement, if the target company generates profits or experiences an increase in net assets during the transition period, the profits and increases will be retained by the listed company. Conversely, any losses or decreases in net assets will be borne by Wolong Shunyu [3]. Group 3: Audit Findings - The special audit conducted by Zhongxinghua Accounting Firm revealed that during the transition period, the target company achieved a net profit of RMB 13,412,909.45, with no losses or decreases in net assets. Therefore, the counterparty is not required to bear any compensation responsibility, and the earnings generated during this period will be enjoyed by the listed company [4].
卧龙新能源集团股份有限公司关于重大资产出售暨关联交易之标的资产过渡期损益情况的公告