---
title: "SED plans to pre-list the sale of part of its subsidiary equity to further focus on its main responsibilities and core business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262203976.md"
description: "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"
datetime: "2025-10-22T09:47:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262203976.md)
  - [en](https://longbridge.com/en/news/262203976.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262203976.md)
generator: "portal-rs"
---

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

According to the announcement from ShenSanda A (000032.SZ), in order to further focus on its main responsibilities and businesses, ensure the preservation and appreciation of state-owned assets, and enhance the core competitiveness of the listed company, its wholly-owned subsidiary China Electronics System Technology Co., Ltd. is currently planning to sell its holdings of 80% equity in China Electronics Intercontinental Environmental Technology Development Co., Ltd., 70% equity in Shandong China Electronics Fulun New Energy Investment Co., Ltd., 100% equity in China Electronics Xingtang Biomass Energy Thermal Power Co., Ltd., 42.5% equity in Hebei China Electronics Jing'an Energy Conservation and Environmental Protection Technology Co., Ltd., 70% equity in Hebei Yutai Thermal Energy Technology Co., Ltd., and 100% equity in China Electronics Wuqiang Heating Co., Ltd. According to the relevant regulations on state-owned asset management, this equity sale will be pre-listed at the Beijing Property Exchange

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**