Core Viewpoint - Hongxiang Co., Ltd. announced the signing of a share transfer agreement with Fujian Mingao Power Energy Group Co., Ltd. regarding distributed photovoltaic projects in Jiangsu Rugao and surrounding areas, with a total transaction price of 120 million RMB [2] Group 1 - The sixth board meeting of Hongxiang Co., Ltd. was held on February 2, 2026, where the share transfer agreement was approved [2] - The agreement involves Hongxiang becoming the 100% shareholder of Nantong Hanlan New Energy Co., Ltd. through various methods, including acquiring all shares or subscribing to new registered capital [2] - The project company has completed its share structure adjustment, and Nantong Hanlan now holds 100% equity in each project company [2] Group 2 - Fujian Mingao is required to pay a deposit of 3 million RMB within five working days of the agreement's effectiveness, which will convert into part of the share transfer payment [2] - Within 15 working days of the agreement's effectiveness, Fujian Mingao must pay an additional 15 million RMB, including the initial deposit [2] - As of the announcement date, Fujian Mingao has already paid the first and second installments, totaling 15 million RMB to Hongxiang [2]
红相股份:关于与福建闽高电力能源集团有限公司等主体就江苏如皋及周边地区分布式光伏项目签署股权转让协议的进展公告