CSSC Science & Technology to sell two wind power subsidiaries

CSSC Science & Technology (SSE:600072) is set to divest its 100% equity stakes in CSSC Wind Power (Jixian County) New Energy Co., Ltd. and CSSC Wind Power (Xingcheng) Clean Energy Development Co., Ltd. The decision, approved in October and November 2025, aims to recycle capital for ongoing wind farm development.

The Jixian County subsidiary reported total assets of yuan 929,813,000 and total liabilities of yuan 669,813,000 as of March 31, 2025, with an equity valuation of yuan 324,880,100. The Xingcheng subsidiary showed total assets of yuan 1,981,341,800 and total liabilities of yuan 1,441,341,800 on the same date, with an equity valuation of yuan 555,178,800. The divestments, executed through public listings, are expected to positively impact the company’s profits.