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Zhenhua Heavy Industries sells photovoltaic stake for RMB 34m

July 22, 2025 at 12:09 PM UTCBy FilingReader AI

Zhenhua Heavy Industries will sell its entire stake in CCCC Photovoltaic Technology to China Urban and Rural Holdings Group for RMB 34,382,400. The divestiture aims to optimize resource allocation and focus on core businesses.

The company also proposes to abolish its supervisory board, transferring functions to the board's audit and risk committee.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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