智通财经网·2025-11-14 13:55Core Viewpoint - Longyuan Power (00916) has announced the transfer of its 30% stake in United Power to Guoneng New Energy, effectively divesting from a long-term loss-making entity and mitigating potential risks associated with United Power [1] Group 1: Transaction Details - The transfer agreement was signed on November 14, 2025, between Longyuan Power, Guoneng Electric, Guoneng New Energy, and United Power [1] - Both Longyuan Power and Guoneng Electric will transfer their respective 30% stakes in United Power to Guoneng New Energy for a nominal price of RMB 1 [1] - After the completion of the transfer, Longyuan Power will no longer hold any equity in United Power, which will cease to be an associate company of Longyuan Power [1] Group 2: Financial Implications - The divestment is aimed at addressing the long-term losses incurred by United Power, allowing Longyuan Power to eliminate associated risks [1]