Buy 9 and get 2 free, Sany Heavy Energy intends to transfer 11 photovoltaic subsidiaries

2023-09-12 09:28:23

It is expected to increase the total profit of the company by about 0.33 billion yuan.

Sany Heavy Energy announced on the evening of September 11 that it intends to transfer 100% of its 11 wholly-owned subsidiaries involved in the operation and management of distributed photovoltaic power plants to Sany Heavy Industry at a total transfer price of 78.8874 million yuan. After the completion of the transaction, it is expected to increase the company's total profit by about 0.33 billion yuan.

Sany Heavy Energy said that the move was based on strategic development needs, in order to better focus on the main business and reduce related party transactions. According to

the announcement, The 11 companies in this transaction are First Solar Energy Co., Ltd., Changde Taisheng Electric Power Development Co., Ltd., Loudi Taisheng New Energy Co., Ltd., Loudi Zhongsheng New Energy Co., Ltd., Shaoyang Zhongsheng New Energy Co., Ltd., Changsha Zhongsheng New Energy Co., Ltd., Yiyang Zhongsheng New Energy Co., Ltd., Changshu Sansheng New Energy Co., Ltd. The 100% equity of Anren Dayuan New Energy Development Co., Ltd., Huzhou Taisheng New Energy Co., Ltd. and Shanghai Kaihuan New Energy Technology Co., Ltd. was transferred to Sany Heavy Industry. According to the appraisal report issued by Beijing center Assets Appraisal Co., Ltd. After negotiation between the two parties, the transfer prices of 11 wholly-owned subsidiaries were determined to be RMB 4. RMB 1.869 million, RMB 9914 million, RMB 7.7723 million, RMB 6.960 million, RMB 7.5938 million, RMB 2.3393 million, RMB 3.1767 million, RMB 8.2289 million, RMB 0.001 million, RMB 0.00 million, 00 million yuan. After the completion of this

transaction, the company will no longer hold the equity of the above 11 wholly-owned subsidiaries, nor will it be included in the scope of the company's consolidated statements.

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