Core Viewpoint - The company announced the sale of 100% equity in three wholly-owned subsidiaries to 招盈能合 for approximately RMB 517.8 million, aimed at enhancing asset liquidity and optimizing capital structure [1] Group 1: Transaction Details - The sale involves three subsidiaries: 曲靖聚隆, 五河聚合, and 安徽泰合, all engaged in wind power project investment and operation in China [1] - The subsidiaries include a 300 MW wind farm and a 30 MW/60 MWh energy storage project in 曲靖, a 50 MW wind farm in 蚌埠, and a 51 MW wind farm project in 亳州 [1] Group 2: Strategic Rationale - The transfer of operational power plant assets to 招盈能合 is intended to open pathways for asset securitization and value release [1] - The transaction is expected to increase the liquidity of the company's assets, accelerate asset turnover and capital recovery, and help optimize the capital structure while reducing the debt-to-asset ratio [1] - The board believes that the overall sale is a prudent business decision, with fair and reasonable terms that align with the interests of the company and all shareholders [1]