Core Viewpoint - The company, Xiehe New Energy, has announced the sale of 100% equity in Cangzhou Julong, a subsidiary, to Shiru Energy for approximately RMB 65.3 million, as part of its "build-and-sell" strategy aimed at enhancing investment returns and improving cash flow [1]. Group 1 - The sale involves a solar power project with a capacity of 50 megawatts located in Cangzhou, Hebei Province, China [1]. - The "build-and-sell" strategy allows the company to leverage its strengths to achieve more attractive investment returns [1]. - This strategy is expected to enhance the company's cash flow turnover and reduce debt ratios, supporting stable and rapid development [1].