Nar shares: Intends to acquire 17.5% equity of ZenElectro for 5 million yuan.
Nar shares announcement, the company will acquire 17.5% equity of Zhen Neng Hydrogen Electric held by Jiaxing Hui'er for 5 million yuan. After the completion of this transaction, the company's holdings in Zhen Neng Hydrogen Electric will be adjusted from 82.5% to 100%. On the same day, the company will acquire 30% equity of Nantong Yifan held by Jiaxing Hui'er for 6 million yuan. After the completion of this transaction, the company will hold 30% of Nantong Yifan's shares. This transaction has been reviewed and approved by an independent board meeting, does not require approval from the company's shareholders' meeting, does not constitute a major asset restructuring as stipulated in the "Administrative Measures for Major Asset Restructuring of Listed Companies", and does not require approval from relevant departments.
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