Core Viewpoint - Tianhai Defense (300008.SZ) announced the transfer of its 40% stake in Shan Jiao Tianhai Co., Ltd. to Zhongcheng Tongchou Energy (Tianjin) Co., Ltd. for RMB 41.0752 million, as part of a strategic shift to focus on core business and optimize investment layout [1] Group 1: Company Actions - The company established Shan Jiao Tianhai in December 2021 in collaboration with Zhongcheng Tongchou to expand energy trading and storage business [1] - The decision to transfer the stake is driven by the changing global economic trade landscape and significant fluctuations in commodity trade prices [1] - The company aims to concentrate on its core business development and has deemed the current situation of Shan Jiao Tianhai incompatible with its strategic planning [1]