Focus on the main photovoltaic industry, Quanwei Technology intends to sell the equity of its holding subsidiary.

June 12, Quanwei Science and Technology announced that it intends to sell 51% of its holding subsidiary Aipaike Shoes Co., Ltd. to Dongguan Zhuori Closure Investment Development Co., Ltd. at an agreed price of 58.9768 million yuan. After the completion of the transaction, the company will no longer hold any shares of Aipaike.

Quanwei Science and Technology said in the announcement that since the change of controlling shareholders, it has made appropriate adjustments to its development strategy and invested in the new track of photovoltaic new energy industry on the basis of the original business sector. R & D, production and sales of high-efficiency heterojunction cells, photovoltaic modules and industrial and commercial energy storage. In the future, the photovoltaic new energy business sector is expected to become a new growth point of the company's performance.