ST Funneng (300173.SZ: Plan to list and transfer 21% equity in Guangzhou Fengyun

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

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