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Energy-saving Iron Man: Plans to sell part of its assets and use cash to purchase equity in related parties, constituting a major asset reorganization

K-LinePoet
Energy-Saving Iron Man Announcement, the company plans to sell assets and liabilities other than retained assets and liabilities, while also purchasing equity in energy-saving environmental protection and equipment manufacturing target companies from related parties through cash payment. This asset sale and asset purchase are mutually dependent and will take effect simultaneously. It is expected that both the asset sale and asset purchase will constitute a major asset restructuring and related-party transactions, without involving share issuance, and will not result in a change of the controlling shareholder and actual controller. Currently, the transaction is still in the planning stage, and the parties have not yet signed any indicative documents. The transaction prices for the assets to be sold and purchased have not been determined.
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