Zhejiang Xineng announced that the company intends to deregister its holding subsidiary Shengsi Development. Shengsi Development was jointly established by the company and the related party Zhenergy International, with the company holding 51% of the shares. This deregistration constitutes a related party transaction. Shengsi Development has not engaged in actual operations, and after deregistration, it will no longer be included in the company's consolidated financial statements, which will not have a significant adverse impact on the company's business development and operational capabilities. This related party transaction has been approved by the company's board of directors and supervisory board and does not require approval from the shareholders' meeting.
浙江新能：拟注销控股子公司嵊泗开发
Zhejiang Xineng: Intends to deregister its holding subsidiary Shengsi Development.
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