
Shen Nan Dian A plans to acquire 75% equity of Sichuan Ruinan Power Construction Engineering Co., Ltd

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Shen Nan Dian A plans to acquire 75% equity of Sichuan Ruinan Electric Power Construction Co., Ltd. by assuming a debt of RMB 18.3375 million owed by KeLu Electronics. This move aims to enhance the company's power engineering construction capabilities, strengthen its competitiveness in the new energy market, and build a comprehensive energy service provider business model. After the equity transfer, Sichuan Ruinan will be included in the company's consolidated financial statements, assisting the company in its layout in areas such as energy storage and photovoltaics
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