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Hongyuan Green Energy completes Inner Mongolia Xinyuan Silicon Materials stake sale

December 15, 2025 at 07:49 AM UTCBy FilingReader AI

Hongyuan Green Energy has confirmed the successful completion of its equity transfer in Inner Mongolia Xinyuan Silicon Material Technology Co., Ltd., as of December 16, 2025. The company announced it has received the full transfer payment, and Inner Mongolia Xinyuan has finalized its industrial and commercial registration changes, meaning Hongyuan Green Energy no longer holds any equity in the company.

The transaction involved the sale of a 27.0737% stake in Inner Mongolia Xinyuan for a transfer price of 1.245 bn yuan. This divestment is expected to increase Hongyuan Green Energy's consolidated net profit for the 2025 fiscal year by approximately 291m yuan. The initial investment cost for this stake was 1.020 bn yuan, with a book value of 954m yuan prior to the transfer.

Hongyuan Green Energy stated that this transaction aligns with its strategy to optimize resource allocation, focus on core businesses, reduce investment risks, and safeguard shareholder interests. The proceeds from the equity transfer will also be utilized to enhance the company's cash flow and support its long-term development.

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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