Shanghai Electric to Transfer 47.4% Stake in Guoxuan New Energy via Public Tender

Reuters
2025.12.30 10:41
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Shanghai Electric Group Co. Ltd. is transferring a 47.4% stake in its subsidiary, Shanghai Electric Guoxuan New Energy Technology Co., Ltd., through a public tender. The board approved the transaction on December 30, 2025, which does not involve performance commitments or require general meeting approval. Shareholders and investors are advised to exercise caution when trading the company's securities. This announcement was published via the Hong Kong Stock Exchange.