SED plans to pre-list the sale of part of its subsidiary equity to further focus on its main responsibilities and core business

ShenSangDa A announced that it will sell part of its subsidiary equity to focus on its main responsibilities and enhance its core competitiveness. The planned equity sales include 80% of China Electric Intercontinental Environmental Technology Development Co., Ltd., 70% of Shandong China Electric Fulun New Energy Investment Co., Ltd., 100% of China Electric Xingtang Biomass Energy Co., Ltd., 42.5% of Hebei China Electric Jing'an Energy Conservation and Environmental Technology Co., Ltd., 70% of Hebei Yutai Thermal Energy Technology Co., Ltd., and 100% of China Electric Wuqing Thermal Power Co., Ltd. This equity sale will be pre-listed on the Beijing Property Exchange