Jinlang Technology has announced that Ningbo Jinlang Smart Energy Co., Ltd., its wholly-owned subsidiary, plans to transfer 100% of its shares in Suzhou Shiyuansi Power New Energy Co., Ltd. to Kunshan Kunyue New Energy Co., Ltd.. The agreed transfer price for the shares is 6.5095 million RMB. Upon completion of this transaction, Suzhou Shiyuansi will no longer be included in the company’s consolidated financial statements.
For the first half of 2024, Jinlang Technology’s revenue composition indicates that the photovoltaic industry accounts for 100.0% of its total revenue. As of the time of this report, the market capitalization of Jinlang Technology stands at 21.6 billion RMB.
It is noteworthy that there have been no institutional research activities concerning Jinlang Technology in the past 30 days.
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