CHINA RISUN GP (01907) intends to sell all the equity of Dingzhou Xuyang to SINOHYTEC (02402).

CHINA RISUN GP (01907) announced that its wholly-owned subsidiary, Xuyang Group Limited (Xuyang Group), has signed a non-legally binding cooperation intention agreement with Beijing SINOHYTEC Technology Co., Ltd. (whose A shares are listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange with stock code: 688339, and whose H shares are listed on the Main Board of the Stock Exchange of Hong Kong Limited with stock code: 2402) on February 26, 2025 (after trading hours). According to the agreement, Xuyang Group intends to sell all its shares in Dingzhou Xuyang Hydrogen Energy Co., Ltd in exchange for A shares issued by Beijing SINOHYTEC.