---
title: "Shen Nan Dian A plans to acquire 75% equity of Sichuan Ruinan Power Construction Engineering Co., Ltd"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240573543.md"
description: "Shen Nan Dian A plans to acquire 75% equity of Sichuan Ruinan Electric Power Construction Co., Ltd. by assuming a debt of RMB 18.3375 million owed by KeLu Electronics. This move aims to enhance the company's power engineering construction capabilities, strengthen its competitiveness in the new energy market, and build a comprehensive energy service provider business model. After the equity transfer, Sichuan Ruinan will be included in the company's consolidated financial statements, assisting the company in its layout in areas such as energy storage and photovoltaics"
datetime: "2025-05-16T11:42:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240573543.md)
  - [en](https://longbridge.com/en/news/240573543.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240573543.md)
---

# Shen Nan Dian A plans to acquire 75% equity of Sichuan Ruinan Power Construction Engineering Co., Ltd

According to the Zhitong Finance APP, Shen Nan Dian A (000037.SZ) announced that in order to enhance the company's power engineering construction capabilities and improve its comprehensive competitiveness in the new energy market, the company or its holding subsidiary intends to acquire 75% equity of Sichuan Ruinan Power Construction Co., Ltd. (hereinafter referred to as "Sichuan Ruinan") from Shenzhen Kelu Electronics Technology Co., Ltd. (hereinafter referred to as "Kelu Electronics") by undertaking and repaying the debt of RMB 18.3375 million owed by Kelu Electronics to Sichuan Ruinan. This move aims to further strengthen the supply chain and gradually build a comprehensive energy service provider business model. Upon completion of this equity transfer, the company will hold 75% equity of Sichuan Ruinan, which will be included in the company's consolidated financial statements.

Acquiring 75% equity of the target company will quickly fill the company's shortcomings in power engineering qualifications and enhance its power engineering construction capabilities on one hand; on the other hand, it will help the company strengthen its supply chain, facilitating business layout in new energy fields such as energy storage, photovoltaics, and integrated solar storage charging, creating an integrated full-chain service system of "investment, construction, operation, and maintenance," which will further help the company build a comprehensive energy service provider business model, aligning with the company's strategic development direction. Meanwhile, the core personnel of the target company hold 5% equity of the target company, which will be beneficial in leveraging market mechanisms to form market-based incentives and constraints for core personnel

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