Tsaker New Energy Sells Stake in Subsidiary

Tsaker New Energy Tech Co., Limited (HK:1986) has released an update.

Tsaker New Energy Tech Co., Limited has announced the sale of a 3.76% equity interest in its subsidiary, Tsaker Technology, through share transfer agreements valued at approximately RMB39.98 million. This strategic move aims to diversify Tsaker Technology’s shareholder base and enhance its corporate reputation. The transactions are subject to reporting requirements but do not require shareholder approval.

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