China Shipbuilding Technology: China Ship Wind Power plans to publicly transfer the 100% equity and related debt of Xingcheng Company.

date
05/11/2025
China Shipbuilding Technology Corporation announced that its wholly-owned subsidiary, Beijing Qingneng Company, a subsidiary of China Ship Wind Power, plans to publicly list and transfer 100% equity and related debt of China Ship Wind Power Clean Energy Development Co., Ltd. on the property rights exchange. According to the assessment report issued by the asset evaluation company as of March 31, 2025, the assessed value of Xingcheng Company's 100% equity is 555 million yuan. Due to the public listing, there is uncertainty regarding the trading counterparty, and it is currently unknown whether it involves related transactions.