Overview - Guilin Fuda Co., Ltd. has completed the transfer of its 50% stake in Guilin Fuda Alfing Large Crankshaft Co., Ltd. to Maschinenfabrik Alfing Kessler GmbH (ALFING) through two phases, with the first phase transferring 25% and the second phase also transferring 25% [2][3] Transaction Completion - The second phase of the equity transfer has been completed, with the company receiving 48 million yuan for the second 25% stake, and the new equity structure shows ALFING holding 75% and the company holding 25% [3][4] Impact on the Company - The completion of the equity transfer is expected to enhance the company's liquidity and resource allocation, allowing it to focus more on the development of the new energy and robotics components industries, which is anticipated to have a positive impact on the company's financial performance for the year 2025 [5]

Core Viewpoint - Fuda Co., Ltd. has completed the transfer of its 50% stake in Guilin Fuda Alfin Large Crankshaft Co., Ltd., allowing the company to focus on the development of the new energy and robot components industries [1] Group 1 - The company has completed the transfer of its entire 50% stake in the joint venture [1] - The first phase of the transfer involved 25% of the stake, while the second phase's transfer payment of 48 million yuan has been received and registered [1] - Following the transfer, the company will no longer hold any equity in the joint venture, which is expected to facilitate capital recovery and optimize resource allocation [1] Group 2 - The transaction is anticipated to have a positive impact on the company's profit and loss for the fiscal year 2025 [1]