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NUCON: Intends to transfer 60% equity of Chuanfaxingneng
Jinshi data, December 6th, Xinzhu shares announced that the company intends to transfer 60% of the equity of Chuanfaxingneng held by the company to Leading Capital. The transaction price is determined to be 91.8 million yuan based on the evaluated value recorded by the evaluation. After the transaction is completed, the company will no longer hold the equity of Chuanfaxingneng, and Chuanfaxingneng will no longer be included in the company’s consolidated financial statements. This transaction is a specialized integration carried out in accordance with the relevant arrangements and deployments of the deepening and improvement of the reform of state-owned enterprises in Sichuan Province, and there is no situation that damages the interests of the company and shareholders. According to the company’s preliminary calculation, this transaction is expected to generate a pre-tax profit of approximately 31.8 million yuan.