8, Zhongheng Electric announced that Ningde Times intends to increase its investment in Zhongheng Science and Technology, the controlling shareholder of the company, by nearly 4.1 billion yuan. After the completion of the capital increase, Ningde Times will hold 49% of Zhongheng Science and Technology Investment and 17.42% of Zhongheng Electric, a listed company, indirectly.
The announcement shows that the two sides will cooperate in the fields of green ICT, transportation electrification and computing synergy, which has aroused a warm response in the market. Zhongheng Electric's share price rose and stopped on April 9, 10 and 13.
On April 12, Zhongheng Electric issued a notice of abnormal fluctuations in stock trading, indicating that the agreement is only a framework and intentional agreement for cooperation between the parties, the formal trading agreement has yet to be signed, and the specific arrangements and implementation of this strategic cooperation are still uncertain.
Zhongheng Electric currently focuses on four business segments: green ICT infrastructure, low-carbon transportation, new power system and integrated energy services. Its core products include data center high-voltage direct current (HVDC) power supply system.
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