On the evening of the 12th, Xiamen Xinda and Maoshuo Power both released announcements detailing significant corporate moves. Xiamen Xinda plans to divest 1.39% of its stake in Sanan Electronics through a public listing process, with the transaction price set at no less than 90% of the assessed value—approximately RMB 235.13 million. The initial listing price is set at RMB 261.57 million, reflecting the company’s strategic focus on optimizing its asset structure and improving financial efficiency.
As of May 31, 2017, Sanan Electronics had a book value of net assets at RMB 209.62 million, while its estimated value reached an impressive RMB 18.8 billion. Xiamen Xinda currently holds 1.39% of Sanan Electronics, with an original investment cost of RMB 22.25 million. The company stated that this equity transfer will help it recover capital, reduce financial burden, and redirect resources toward more promising projects.
In a separate move, Maoshuo Power announced its participation in an industrial M&A fund. It has invested RMB 30 million into a new industry equity fund, which aims to focus on sectors such as the internet, new technology, smart manufacturing, and e-commerce. The fund, with a total size of RMB 100 million, includes contributions from Qianhai Jiufang and other private investors. This initiative reflects Maoshuo Power’s strategy to leverage its industrial expertise and financial resources for long-term growth.
Additionally, Maoshuo Power signed an equity repurchase agreement with Southern Ruitai and Heshengli Technology. The company repurchased 18.18% of Maoshuo Electric’s shares held by Southern Ruitai for RMB 11.22 million. The repurchase price was calculated based on the original investment plus an 8% annual interest rate. This move is part of a broader effort to streamline the ownership structure of its subsidiaries and concentrate on core business operations.
Maoshuo Electric, a key subsidiary, operates in areas such as intelligent charging infrastructure for electric vehicles, power electronics, and software solutions. The company emphasized that the share repurchase does not affect the consolidation of its financial statements but aligns with its goal of enhancing operational efficiency and supporting future expansion.
Servo Press Machine,Electric Cylinder Actuators,Servo Telescopic Linear Actuator,Electric Linear Actuator Cylinder
Suzhou Johnson Automation Technology Co., Ltd. , https://www.cn-johnson.com