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New Energy (01799.HK) subsidiary plans to acquire 100% equity of Xuyi Gaocun for 1.368 billion yuan.

27/09/2025

Zhitong Financial News APP, Xinte Energy (01799.HK) announced that on September 26, 2025, Xinjiang New Energy signed a share transfer agreement with the controlling shareholder of the company, Tebian Electric. Accordingly, Tebian Electric agreed to transfer 100% equity of Xuyi Gaotransmission to Xinjiang New Energy at a price of 136.8 million yuan.

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