
Ningbo Energy plans to acquire a 41% stake in its controlling subsidiary Yongneng Comprehensive Energy

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Ningbo Energy announced that it will acquire a 41% stake in its controlling subsidiary Yongneng Comprehensive Energy in cash, specifically including the acquisition of a 35% stake held by Ningbo Meike for RMB 7.8013 million, and a 6% stake held by Ningbo Guotong for RMB 1.3374 million. After the acquisition is completed, Ningbo Energy will hold 100% of Yongneng Comprehensive Energy, and the scope of consolidated financial statements will remain unchanged
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