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Tsaker New Energy Sells Minority Stake in Subsidiary
Company Announcements

Tsaker New Energy Sells Minority Stake in Subsidiary

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

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Tsaker New Energy Tech Co., Limited has successfully completed the sale of a 3.76% equity interest in its subsidiary, Tsaker Technology, for approximately RMB39.98 million. Following the transaction, Tsaker Technology remains a non-wholly owned subsidiary, with Tsaker New Energy maintaining a 67.99% stake. This move allows Tsaker New Energy to adjust its portfolio without affecting its overall control over Tsaker Technology.

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