Zoomlion (000157.SZ) plans to sell its controlling stake in Roadway Technology.

Zhitong Finance APP News, Zoomlion (000157.SZ) announced that the company plans to transfer 35.988 million shares of Shenzhen RoadRover Technology Co., Ltd. (referred to as "RoadRover Technology") it holds (accounting for 29.99% of the target company's total share capital) to Yuanzhuo Angel (Longyou) New Energy Partnership (Limited Partnership) by agreement at a price of 25 yuan per share, with a total transfer price of 899.7 million yuan. At the same time, the transferee will designate an offeror to initiate a partial tender offer, and the company plans to declare pre-acceptance of the offer with 14% of the shares it holds. After the above transaction is completed, the company's shareholding ratio will drop to 9.83%, and it will no longer be the controlling shareholder of RoadRover Technology. Based on the current plan, the transaction is expected to have an impact of approximately 288 million yuan on the company's profit.