SFSY ENERGY (00750) Proposes Sale of 100% Equity in Xingmin Energy (Jinan)

Stock News
Dec 29, 2025

SFSY ENERGY (00750) announced that on December 29, 2025, Shuifa Green Energy (as the seller), an indirect wholly-owned subsidiary of the Company, entered into an equity transfer agreement with Shenzhen Beizi (as the buyer). Shuifa Green Energy agreed to sell, and Shenzhen Beizi agreed to acquire, the sale equity (representing 100% equity interest in the sale company, Xingmin Energy (Jinan)) for a total consideration of RMB 14.0021 million; along with debts payable to Shuifa Green Energy, amounting to a total of RMB 13.7838 million. As disclosed in the Company's 2025 interim report, capitalizing on the successive introduction of policies in the new energy sector, the Group will continue to leverage its extensive experience and market insights in the clean energy field. It will concentrate efforts on achieving breakthroughs in its main business, advancing the commencement of construction for landed projects, and prioritizing the deployment of high-return, low-risk premium energy projects. Concurrently, it will actively cultivate new business sectors such as high-end curtain walls, intelligent and energy-efficient buildings, and new materials, in order to adapt to market changes and customer demand. The Group will routinely liquidate or revitalize inefficient and non-performing assets, actively promoting the transformation of its asset structure towards higher quality and efficiency. The disposal is in line with the Group's strategy of optimizing its asset portfolio and improving operational efficiency. Divesting low-quality assets and businesses with weak profitability and bleak prospects will help the Group streamline its operational framework, thereby reducing systemic risks and fostering the sustainable development of the Group's overall business. Furthermore, the disposal will also contribute to optimizing resource allocation, improving cost management, and enabling the Group to focus on implementing its core business strategies.

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