Core Viewpoint - Xinjiang New Energy has signed a share transfer agreement with its controlling shareholder, Tebian Electric Apparatus, to acquire 100% of Xuyi Gaochuan for RMB 136.8 million, which will enhance the company's renewable energy operations and financial performance [1]. Group 1: Acquisition Details - The share transfer agreement was signed on September 26, 2025, with a transaction value of RMB 136.8 million [1]. - Xinjiang New Energy currently holds a 91.26% stake in Xuyi Gaochuan, which primarily engages in wind power generation and related equipment sales [1]. Group 2: Business Operations - Xinjiang New Energy focuses on the development, construction, and operation of wind and photovoltaic resources, as well as the research, manufacturing, and sales of inverters and other electrical equipment [1]. - The acquisition will allow Xuyi Gaochuan's financial performance to be consolidated into the group's financial statements, thereby expanding the scale of the renewable energy station operations [1]. Group 3: Strategic Implications - The acquisition is aimed at enhancing the overall competitiveness and profitability of the group, particularly in the renewable energy sector [1]. - The Xuyi project had previously faced land use issues, which have now been rectified, facilitating the A-share listing process [1].

Core Viewpoint - Xinjiang New Energy has signed a share transfer agreement with its controlling shareholder, Tebian Electric Apparatus, to acquire 100% of the equity of Xuyi Gaochuan for RMB 136.8 million, which will enhance the company's renewable energy station operations and overall competitiveness [1][1][1] Group 1: Acquisition Details - The share transfer agreement was signed on September 26, 2025, with a transaction value of RMB 136.8 million [1] - Xinjiang New Energy currently holds a 91.26% stake in the target company, which primarily engages in wind energy and photovoltaic resource development, construction, and operation [1][1] - The acquisition will allow the financial performance of Xuyi Gaochuan to be consolidated into the group's financial statements, thereby expanding the scale of the renewable energy station operations [1][1] Group 2: Operational Context - The target company, Xuyi Gaochuan, is involved in wind power generation and the sale of wind power generation equipment and electrical control devices [1] - In 2023, due to land issues related to the Xuyi project, the company temporarily divested the project to Tebian Electric to facilitate an A-share listing [1] - As of the announcement date, the land issues have been rectified, allowing for the integration of Xuyi Gaochuan's operations into the company's renewable energy segment [1][1]