Kaichuang Electric (301448.SZ) plans to sell a 17% equity stake in its subsidiary Yangu Smart.

Zhitong Finance APP news, Kaichuang Electric (301448.SZ) issued an announcement that, in order to fully mobilize the innovation initiative and work enthusiasm of the management team and core technical personnel of its controlled subsidiary Yangu (Beijing) Robot Intelligent Technology Co., Ltd. ("Yangu Intelligent"), the company plans to sell a 17% equity interest in Yangu Intelligent held by the company to Yangu Huizhi (Beijing) Enterprise Management Consulting Partnership (Limited Partnership) at a price of 0 yuan. After the transfer is completed, the company's equity interest in Yangu Intelligent will decrease from 60.5% to 43.5%, and Yangu Intelligent will no longer be included in the scope of the company's consolidated financial statements. The transaction is intended to support Yangu Intelligent in expanding and strengthening its multimodal embodied intelligence business segment.