Core Viewpoint - The company, Shui Fa Xing Ye Energy, has announced the sale of 100% equity in Xing Min Energy (Jinan) to Shenzhen Bei Zi for a total consideration of RMB 140.02 million, which includes the assumption of debts amounting to RMB 137.84 million, as part of its strategy to optimize asset structure and improve operational efficiency [1] Group 1: Transaction Details - Shui Fa Green Energy, a wholly-owned subsidiary of the company, will sell the equity to Shenzhen Bei Zi under a share transfer agreement [1] - The total consideration for the sale is RMB 140.02 million, which includes the debt assumption of RMB 137.84 million [1] Group 2: Strategic Implications - The sale aligns with the company's strategy to optimize its asset structure and improve operational efficiency by divesting low-quality assets and underperforming businesses [1] - This divestment is expected to streamline the operational framework, reduce systemic risks, and promote sustainable development of the company's overall business [1] - The company aims to focus on high-return, low-risk energy projects while also nurturing new industry segments such as high-end curtain walls, smart energy-saving buildings, and new materials to adapt to market changes and customer demands [1]
水发兴业能源拟出售兴民能源(济南)100%股权