ST Fennel ( 300173.SZ ): Planning to list and transfer 21% equity of Guangzhou Fengyun

NightAirdropper · 2026-04-10T12:11:25+00:00

ST Fueneng Plan will transfer its subsidiary Fueneng Investment’s 21% equity interest in Guangzhou Fengyun through a public listing, seeking to optimize its resource allocation. It has also preliminarily reached an intention with Annuo to acquire 100% of the equity in Guangzhou Fengyun.

NightAirdropper

2026-04-10 12:11:25

Abstract generation in progress

Gelonghui April 7 | ST Funeng (300173.SZ ) announced that, to further focus on the development of core businesses in high-end equipment manufacturing and the new energy sector, and to optimize resource allocation, its wholly owned subsidiary, Guangdong Fuheng Investment Holding Co., Ltd. (abbreviated as “Fuheng Investment”), under Fuheng Dongfang Equipment Technology Co., Ltd., plans to transfer its 21% equity interest in Guangzhou Fengyun Information Technology Co., Ltd. (abbreviated as “Guangzhou Fengyun” or the “Target Company”) by way of a public listing. The company has initially reached an intention with Shanghai Annuoqi Group Co., Ltd. (abbreviated as “Annuoqi” or the “Intended Acquirer”) and the other shareholders of Guangzhou Fengyun regarding Annuoqi’s proposed acquisition of 100% of the equity interest in Guangzhou Fengyun, and signed a “Transaction Intent Agreement” on April 7, 2026.

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