Jiangsu Sunshine announced that the subsidiary Jiangsu Sunshine Xinqiao Thermoelectric Co., Ltd. (“Xinqiao Thermoelectric” for short) plans to stop production and no longer carry out power generation and heating business. At the same time, it plans to sign a “Dismantling and Transfer Contract for the Demolition and Transfer of Old Equipment, Construction and Structures” with Leader Power Equipment (Zhejiang) Co., Ltd., to package, dismantle and transfer some of the old thermoelectric equipment and supporting facilities as a whole. The transaction price is about 44.527,600 yuan. According to preliminary estimates by the financial department, it is expected to affect this year's profit of 39.299 million yuan.
江苏阳光：子公司停产和拟4452.76万元处置资产
Jiangsu Sunshine: Subsidiary stops production and plans to dispose of assets of 44.527,600 yuan
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