
YUXING plans to transfer 4% equity of Jiangsu Xinyun to Changzhou Xinyun

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YUXING announced that it plans to transfer its 4% equity stake in Jiangsu New Run to Changzhou New Run on May 26, 2025, for a transfer price of 2 million yuan. After this equity transfer, Changzhou New Run will hold 52% of Jiangsu New Run, Suwen Electric Power will hold 32%, and YUXING will hold 16%
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