Shengxin Lithium completes Sichuan Shengtun equity transfer

Shengxin Lithium (SZSE:002240) announced today the completion of the transfer of its 50% equity stake in Sichuan Shengtun Technology Co., Ltd. to its controlling shareholder, Shenzhen Shengtun Group Co., Ltd. The decision was approved at the company’s 18th meeting of the 8th board of directors held on March 21, 2025. With the completion of the transfer, Shengxin Lithium no longer holds any equity in Sichuan Shengtun Technology. The asset transfer has been finalized with relevant procedures completed. Details of the transaction were previously disclosed on March 22, 2025, on the Juchao Information website (www.cninfo.com.cn).