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A: Intends to acquire 75% equity of Sichuan Ruinan.

17/05/2025

Shennan Electric A announced that the company or its holding subsidiary plans to acquire and assume the 18.3375 million yuan debt owed by Sichuan Ruinan Electronic through the acquisition of 75% equity of Sichuan Ruinan from KaLu Electronics, in order to further strengthen the chain and gradually build a comprehensive energy service business model. After the completion of the transaction, the company will hold 75% equity of Sichuan Ruinan, and Sichuan Ruinan will be included in the company's consolidated financial statements.

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