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Jinzhike Technology: Transfer 49% equity of Nengwang Technology, with a transaction price of 2640.76 million yuan
On December 20, Jinzhi Technology announced that the company has signed a protocol for the transfer of equity with Nanjing Public Utilities, transferring its 49% equity interest in Nengwang Technology to Nanjing Public Utilities for a price of 26.4076 million yuan. After the transaction is completed, Jinzhi Technology will no longer hold any equity interest in Nengwang Technology. Nengwang Technology is mainly engaged in new energy investment, construction, and operation. This transaction will increase Jinzhi Technology’s cash flow by 30.3276 million yuan and is expected to have no significant impact on the company’s profits.