Zhejiang Provincial New Energy Investment Group (600032.SH) plans to deregister its holding subsidiary, Zhejiang Zheneng Shengsi Offshore Wind Power Development.

Zhejiang Provincial New Energy Investment Group (600032.SH) announced that it plans to cancel its controlling subsidiary Zhejiang Zhongneng Shengsi Offshore Wind Power Development Co., Ltd. (referred to as "Shengsi Development"). This cancellation is beneficial for the company to further focus on its core business, optimize resource allocation, and reduce management costs. After the cancellation of Shengsi Development, it will no longer be included in the company's consolidated financial statements, and will not have any significant adverse effects on the company's business development and operational capabilities, and there is no situation that would harm the interests of the company and its shareholders.