ST Fenneng: Signing the "Transaction Framework Agreement"

ST Fueneng Announcement, the company held a board meeting on April 20, 2026, and approved the proposal regarding the signing of the . According to the agreement, Fueneng Investment plans to transfer its 21% equity stake in Guangzhou Fengyun Information Technology Co., Ltd. through a public listing method, and has signed a with Shanghai Annuo Group Co., Ltd. The specific transaction amount for this equity transfer has not yet been determined, and there is uncertainty about whether a formal agreement will ultimately be reached and signed. If the transaction is completed, the company will recover operating funds, which will help optimize cash flow structure and improve operating performance.

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