Shanghai Cooltech Power (300153.SZ) is planning to sell its stake in Guangzhou Zhiguang Electric.

Shanghai Cooltech Power (300153.SZ) announced that the company holds a 5.1799% equity stake in Guangzhou Zhiguang Energy Storage Technology Co., Ltd. (referred to as "Zhiguang Energy Storage"). After preliminary negotiations, Guangzhou Zhiguang Electric intends to acquire all or part of the shares of Zhiguang Energy Storage held by the company through issuing shares and paying cash (if applicable). On September 26, 2025, the company signed a "Framework Agreement for Issuing Shares and Paying Cash to Purchase Assets" with Guangzhou Zhiguang Electric and Zhiguang Energy Storage. As of the disclosure date of this announcement, the transaction is still in the planning stage.