Shanghai Electric to Divest 47.4% Stake in Electric Guoxuan to Nanjing Gotion Holding for RMB1

Bulletin Express

Yesterday

Shanghai Electric Group Company Limited (Shanghai Electric) has confirmed the outcome of its public tender to transfer 47.4% of subsidiary Shanghai Electric Guoxuan New Energy Technology Co., Ltd. (Electric Guoxuan). The winning bidder, Nanjing Gotion Holding Group Co., Ltd. (Nanjing Gotion Holding), will acquire the stake for a symbolic consideration of RMB1.

The equity transfer was listed on the Shanghai United Assets and Equity Exchange between 4 February 2026 and 8 April 2026. On 13 May 2026, the exchange notified Shanghai Electric that Nanjing Gotion Holding had become the transferee. A Property Rights Transaction Contract was signed on 21 May 2026; however, the effectiveness conditions of the agreement remain pending.

Nanjing Gotion Holding, incorporated on 15 April 2005, reported unaudited total assets of RMB4.42 billion and net assets of RMB1.31 billion as of 31 March 2026. The company’s principal business encompasses technical services and the sales and research of new-energy vehicle components. Li Zhen is the legal representative and ultimate controlling shareholder.

Shanghai Electric noted that there are no property or debt relationships with Nanjing Gotion Holding and that the counterparty maintains a good credit standing. Further disclosures will be made as the transaction progresses. Shareholders and potential investors are advised to exercise caution when trading Shanghai Electric’s securities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1159088019"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1159088019\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1159088019?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-22 17:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1159088019","market":"us","top_or_hot":-1,"title":"Shanghai Electric to Divest 47.4% Stake in Electric Guoxuan to Nanjing Gotion Holding for RMB1","media":"Bulletin Express","content":"<p>Shanghai Electric Group Company Limited (Shanghai Electric) has confirmed the outcome of its public tender to transfer 47.4% of subsidiary Shanghai Electric Guoxuan New Energy Technology Co., Ltd. (Electric Guoxuan). The winning bidder, Nanjing Gotion Holding Group Co., Ltd. (Nanjing Gotion Holding), will acquire the stake for a symbolic consideration of RMB1.</p>\n<p>The equity transfer was listed on the Shanghai United Assets and Equity Exchange between 4 February 2026 and 8 April 2026. On 13 May 2026, the exchange notified Shanghai Electric that Nanjing Gotion Holding had become the transferee. A Property Rights Transaction Contract was signed on 21 May 2026; however, the effectiveness conditions of the agreement remain pending.</p>\n<p>Nanjing Gotion Holding, incorporated on 15 April 2005, reported unaudited total assets of RMB4.42 billion and net assets of RMB1.31 billion as of 31 March 2026. The company’s principal business encompasses technical services and the sales and research of new-energy vehicle components. Li Zhen is the legal representative and ultimate controlling shareholder.</p>\n<p>Shanghai Electric noted that there are no property or debt relationships with Nanjing Gotion Holding and that the counterparty maintains a good credit standing. Further disclosures will be made as the transaction progresses. Shareholders and potential investors are advised to exercise caution when trading Shanghai Electric’s securities.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shanghai Electric to Divest 47.4% Stake in Electric Guoxuan to Nanjing Gotion Holding for RMB1</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShanghai Electric to Divest 47.4% Stake in Electric Guoxuan to Nanjing Gotion Holding for RMB1\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-05-22 17:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shanghai Electric Group Company Limited (Shanghai Electric) has confirmed the outcome of its public tender to transfer 47.4% of subsidiary Shanghai Electric Guoxuan New Energy Technology Co., Ltd. (Electric Guoxuan). The winning bidder, Nanjing Gotion Holding Group Co., Ltd. (Nanjing Gotion Holding), will acquire the stake for a symbolic consideration of RMB1.</p>\n<p>The equity transfer was listed on the Shanghai United Assets and Equity Exchange between 4 February 2026 and 8 April 2026. On 13 May 2026, the exchange notified Shanghai Electric that Nanjing Gotion Holding had become the transferee. A Property Rights Transaction Contract was signed on 21 May 2026; however, the effectiveness conditions of the agreement remain pending.</p>\n<p>Nanjing Gotion Holding, incorporated on 15 April 2005, reported unaudited total assets of RMB4.42 billion and net assets of RMB1.31 billion as of 31 March 2026. The company’s principal business encompasses technical services and the sales and research of new-energy vehicle components. Li Zhen is the legal representative and ultimate controlling shareholder.</p>\n<p>Shanghai Electric noted that there are no property or debt relationships with Nanjing Gotion Holding and that the counterparty maintains a good credit standing. Further disclosures will be made as the transaction progresses. Shareholders and potential investors are advised to exercise caution when trading Shanghai Electric’s securities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02727","symbol_name":"上海电气","start_time":0,"source_url":"","article_id":"1159088019","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1159088019","pubTimestamp":1779442971,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Shanghai Electric Group Company Limited (Shanghai Electric) has confirmed the outcome of its public tender to transfer 47.4% of subsidiary Shanghai Electric Guoxuan New Energy Technology Co., Ltd....","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02727":"上海电气"},"translate_title":"上海电气将以人民币1元向南京国轩控股剥离电气国轩47.4%股权","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02727":1},"content_text":"Shanghai Electric Group Company Limited (Shanghai Electric) has confirmed the outcome of its public tender to transfer 47.4% of subsidiary Shanghai Electric Guoxuan New Energy Technology Co., Ltd. (Electric Guoxuan). The winning bidder, Nanjing Gotion Holding Group Co., Ltd. (Nanjing Gotion Holding), will acquire the stake for a symbolic consideration of RMB1.\nThe equity transfer was listed on the Shanghai United Assets and Equity Exchange between 4 February 2026 and 8 April 2026. On 13 May 2026, the exchange notified Shanghai Electric that Nanjing Gotion Holding had become the transferee. A Property Rights Transaction Contract was signed on 21 May 2026; however, the effectiveness conditions of the agreement remain pending.\nNanjing Gotion Holding, incorporated on 15 April 2005, reported unaudited total assets of RMB4.42 billion and net assets of RMB1.31 billion as of 31 March 2026. The company’s principal business encompasses technical services and the sales and research of new-energy vehicle components. Li Zhen is the legal representative and ultimate controlling shareholder.\nShanghai Electric noted that there are no property or debt relationships with Nanjing Gotion Holding and that the counterparty maintains a good credit standing. Further disclosures will be made as the transaction progresses. Shareholders and potential investors are advised to exercise caution when trading Shanghai Electric’s securities.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}