Xin Lang Cai Jing·2025-10-31 08:10Core Viewpoint - The company Nanjing Panda announced the transfer of its 27% stake in the subsidiary ENC, along with an additional 22% stake held by other Chinese shareholders, through a public listing on the Shanghai United Assets and Equity Exchange [1] Group 1 - The initial listing price for the 49% stake in ENC was set at 517 million yuan, but after failing to attract buyers, it was relisted at 465 million yuan [1] - The buyer of the stake is Ericsson (China), with the transaction expected to be completed by October 10, 2025, and the company will receive the transaction certificate by October 14, 2025 [1] - The company anticipates recovering approximately 256 million yuan from this transaction, which is expected to have a positive impact on the financial performance for the current year [1]