Estun Automation boosts subsidiary, divests stake in Yangzhou Shuguang

Nanjing Estun Automation Co., Ltd. (Estun Automation) announced a 220 million yuan capital increase for its wholly-owned subsidiary, Nanjing Dingpai Electromechanical Technology Co., Ltd. (Dingpai Electromechanical). Dingpai Electromechanical will then invest €25 million into its wholly-owned sub-subsidiary, Cloos Holding GmbH. These funds are designated to repay bank loans, reduce interest expenses, and support daily operations for Cloos Holding.

Concurrently, Estun Automation’s controlling subsidiary, Dingpai Electromechanical, will divest its entire 48% stake in Yangzhou Shuguang Optoelectronic Control Co., Ltd. (Yangzhou Shuguang) to Wuxi Xinhongye Cable Technology Co., Ltd. (Xinhongye) for a transaction price of 244.8 million yuan. This move is part of Estun Automation's strategy to optimize resource allocation and focus on its core business and target markets.

The board of directors approved both the capital increase and the equity transfer on October 20, 2025. The transactions align with the company's long-term development strategy.