[Shanghai Electric Power: Plans to transfer 78% equity of Minghua Electric Power to Complete Set Design Institute for RMB 202 million] Shanghai Electric Power announced that the company plans to transfer 77.8832% equity of Shanghai Minghua Electric P

2025-05-13

[Shanghai Electric Power: Plans to transfer 78% equity of Minghua Electric Power to Complete Set Design Institute for RMB 202 million] Shanghai Electric Power announced that the company plans to transfer 77.8832% equity of Shanghai Minghua Electric Power Technology Co., Ltd. to Shanghai Power Equipment Complete Set Design Institute Co., Ltd. for RMB 202 million. The Complete Set Design Institute is a subsidiary of the company's controlling shareholder, State Power Investment Corporation, so this transaction constitutes a related transaction. This equity transfer is conducive to the company's further optimization of its business structure and focus on its core business.