Yunnan Nengtou: Subsidiary plans to transfer 100% equity of Nujiang company for 3.7566 million yuan.

date
17/07/2026
Yunnan Nengtou announced that its wholly-owned subsidiary Yunnan Salt Industry intends to transfer 100% equity of Nujiang Company to Greenergy Group through a non-public agreement, with a transfer price of 3.756610 million yuan. Greenergy Group is a subsidiary of the company's controlling shareholder. This transaction constitutes a related party transaction. The proposal has been approved by the board of directors and the transaction does not constitute a major asset restructuring. As of December 31, 2025, Nujiang Company has no substantial operating business. This transaction will help Yunnan Salt Industry streamline and strengthen its operations, without affecting its normal operations, and will not have a significant impact on the company's financial and operational results.