Baoding Tianwei Baobian Electric (600550.SH)Business integration does not involve asset injection, business restructuring, major business cooperation and other matters.

Baoding Tianwei Baobian Electric (600550.SH) issued an announcement that the company's stock price has risen by more than 20% for three consecutive trading days on September 13th, 18th, and 19th, 2024. On September 20th, 2024, the company's stock price increased by 9.99%, and the recent increase in stock price has been significant. The company stated that the integration of the power equipment group with China's electrical equipment in the field of transmission and transformation equipment has attracted significant attention. After further verification with the power equipment group, it is mainly related to the transfer of some of the company's shares to China's electrical equipment for free, which may result in a change in the company's controlling shareholder. Currently, there are no plans for asset injection, business restructuring, or major business cooperation. The proposed plan needs to go through internal decision-making procedures and obtain approval from relevant authorities, leading to uncertainties.