Ceepower (SZ:300062)2022-12-06 23:52Group 1: Acquisition and Market Impact - The acquisition of Jin Hongwei was primarily motivated by its strong technology and team, which was expected to enhance market expansion for the company [1][2]. - Jin Hongwei's revenue contribution was approximately 35%, but its market development capabilities were significantly impacted by a market entry ban imposed by Southern Power Grid [2]. - The company anticipates that the acquisition may not achieve the expected results, leading to an agreement to sell the stake in Jin Hongwei [2]. Group 2: Future Plans and Strategic Direction - The company's development strategy remains unchanged, with a vision to become an energy internet system solution operator, although specific implementation methods may be adjusted [2]. - The company will continue to seek acquisition targets that align with its strategic goals [2]. Group 3: Management Focus and Financing - Current management priorities include project development, restructuring communication, and coordination, as well as financing efforts [2]. - The sale of Jin Hongwei has had some impact on the company's bond issuance plans, but the company is still pursuing bond issuance activities [3].