SFSY ENERGY (00750) intends to sell 100% equity of Shuixing New Energy (Heyuan)

SFSY ENERGY (00750) announced that on December 29, 2025, Zhuhai Xingye (as the seller) (an indirect wholly-owned subsidiary of the Company) entered into a share transfer agreement with Shandong Beizi (as the buyer). Zhuhai Xingye agreed to sell, and Shandong Beizi agreed to purchase, 100% equity in the sold company Shuixing New Energy (Heyuan) for a total consideration of RMB 14.695 million; and to pay off debts owed to Zhuhai Xingye, totaling RMB 14 million. As disclosed in the Company's 2025 interim report, with the successive introduction of policies in the new energy industry, the Group will continue to leverage its rich experience and market insights in the clean energy field, concentrate its efforts on achieving breakthroughs in its core business, advance the construction of ongoing projects, and focus on high-return, low-risk quality energy projects. At the same time, actively cultivate new formats such as high-end curtain walls, smart energy-saving buildings, new materials, etc., to adapt to market changes and customer demands. The Group will normalize the disposal or activation of inefficient and ineffective assets, actively promote the transformation of asset structure towards high quality and efficiency. The sale of the equity interests aligns with the Group's strategy to optimize asset structure and improve operational efficiency. By divesting low-quality assets and business with weak profitability and bleak prospects, it will help streamline the operational structure of the Group, reduce systemic risk, and promote the sustainable development of the Group's overall business. Additionally, the sale will also help optimize resource allocation, improve cost management, and allow the Group to focus on implementing core business strategies.