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Kelu Electronics announced that Kelu Energy Holdings, a wholly-owned subsidiary of the company, plans to transfer the 1.25% property share of the Tibet Guoke Dingyi Investment Center to related party Midea Venture Capital at a price of 13.9459 million yuan. Midea Venture Capital is a wholly-owned subsidiary of Midea Group, the controlling shareholder of the company. This transaction constitutes a related transaction. It has been reviewed and approved by the company's board of directors. There is no need to submit it to the shareholders' meeting for review, and it does not constitute a major asset restructuring. The transaction is in line with the company's strategy of focusing on core business and divesting non-core business assets, and is expected to generate profit and loss of about 500,000 yuan from equity transfers.
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Kelu Electronics announced that Kelu Energy Holdings, a wholly-owned subsidiary of the company, plans to transfer the 1.25% property share of the Tibet Guoke Dingyi Investment Center to related party Midea Venture Capital at a price of 13.9459 million yuan. Midea Venture Capital is a wholly-owned subsidiary of Midea Group, the controlling shareholder of the company. This transaction constitutes a related transaction. It has been reviewed and approved by the company's board of directors. There is no need to submit it to the shareholders' meeting for review, and it does not constitute a major asset restructuring. The transaction is in line with the company's strategy of focusing on core business and divesting non-core business assets, and is expected to generate profit and loss of about 500,000 yuan from equity transfers.
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