Nandu Power: Transfer full ownership stake in subsidiary, expected to increase net profit by 83 million yuan in 2026.
Nandu Power announced that the company intends to transfer 100% equity of its wholly-owned subsidiary Anhui Huabo Renewable Resources Technology Co., Ltd., which is engaged in lead recycling, to Anhui Houchi Lianeng Operating Management Partnership Enterprise for a price of 1.415 billion yuan. This transaction will result in Huabo Renewable Resources no longer being included in the company's consolidated financial statements, and will achieve a substantial cash inflow, with a total of 2.565 billion yuan in equity transfer and financial support. It is estimated that the net profit attributable to shareholders of the listed company in 2026 will increase by approximately 83 million yuan.
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