Central enterprises sell 100% equity of their three major photovoltaic new energy subsidiaries

2026-04-08 16:19:52

On April 3, State Grid E-commerce Technology Co., Ltd., a subsidiary of State Grid, planned to transfer 100% equity and related creditor's rights of State Grid Zhilian (Jilin) New Energy Co., Ltd. in the form of online bidding at a low price of 18 million yuan.

On April 3, the official website of Beijing Property Exchange showed that the wholly-owned Sun Company of State Grid Co., Ltd. and the State Grid E-commerce Technology Co., Ltd. successively released three pieces of information on the transfer of shares of photovoltaic new energy subsidiaries, with a total transfer base price of nearly 80 million yuan. Transfer of 100% equity and related creditor's rights of

State Grid E-commerce (Shanxi) New Energy Technology Co., Ltd. with a listing base price of 29.02 million yuan. The transferor is State Grid E-commerce Technology Co., Ltd., a wholly-owned subsidiary of State Grid Co., Ltd. The

intended transferee shall pay a transaction margin of 8.706 million yuan within three working days after the confirmation of the transferee's qualification. According to

the disclosure information, the State Grid E-commerce (Shanxi) New Energy Technology Co., Ltd. is located in Xinghualing District, Taiyuan City, Shanxi Province, and was established in 2017 with a registered capital of 29 million yuan. The

business scope of the Company includes solar power generation; wind power generation; heat production and supply; power supply; electricity sales business; construction and operation of photovoltaic power plants ; Technical development, technical service, technical transfer and technical consultation of photovoltaic power generation ; design, technical development and sales of energy-saving products; contract energy management; research and development, sales, leasing, technical consultation and technical transfer of electric vehicle and components.

Publicity information shows that the company's operating income in 2025 is 3.209 million yuan, its operating profit is 15.6233 million yuan, and its net profit is 14.8224 million yuan. As of February 8, 2026, the company's operating income in 2026 was 316,700 yuan, and its net profit was a loss of 251,600 yuan. The total assets are RMB 28.7735 million and the total liabilities are RMB 11.8404 million.

In addition, the disclosed information shows that the transfer base price of this project is RMB 29.02 million yuan. The base price of 100% equity transfer of State Grid E-commerce (Shanxi) New Energy Technology Co., Ltd. is RMB 17.4 million . The base price of the transferor's transfer of the creditor's rights of the target enterprise is RMB 9.62 million yuan . The base price of the transfer of the creditor's rights of the target enterprise by the State Grid Digital Technology Holding Co., Ltd. is RMB 2 million . If the project forms a bidding, the value-added part of the transaction price is the premium of the equity part. Transfer of 100% equity and related creditor's rights of

State Grid Zhilian (Jilin) New Energy Co., Ltd. at a low price of 18 million yuan . The

intended transferee shall pay a transaction margin of 5.4 million yuan within three working days after the confirmation of the transferee's qualification.

Transfer information shows that State Grid Zhilian (Jilin) New Energy Co., Ltd. is located in Changchun City, Jilin Province, and was established in 2021 with a registered capital of 15 million yuan.

The company's main business is power generation, transmission and power supply. Including solar power generation; wind power generation; heat production and supply; power supply; construction and operation of photovoltaic power plants; technology development, technology service, technology transfer and technology consultation of photovoltaic power generation; design, technology development and product sales of energy-saving products; contract energy management; research and development, sales, leasing, technology consultation and technology transfer of electric vehicle and components.

Disclosure information shows that in 2025, the company realized operating income of 1.5658 million yuan, operating profit of 7.241 million yuan and net profit of 6.8718 million yuan. As of February 28, 2026, the company realized operating income of 63,600 yuan and net profit loss of 196,000 yuan in 2026. The total assets are 17.8254 million yuan and the total liabilities are 9.7736 million yuan. As disclosed in

the public information, the base price for the transfer of this project is RMB 18 million, of which the base price for the transfer of 100% equity of State Grid Zhilian (Jilin) New Energy Co., Ltd. is RMB 8.4 million, and the base price for the transfer of the creditor's rights of the target enterprise by the transferor is RMB 9.6 million. If the project forms a bidding, the value-added part of the transaction price is the premium of the equity part.

In addition, Shandong Yingda Photovoltaic Technology Co., Ltd. transferred 100% equity at a low price of 32.3 million yuan. The intended transferee shall pay a transaction margin of 9.69 million yuan within three working days after the confirmation of the transferee's qualification.

Shandong Yingda Photovoltaic Technology Co., Ltd. was established on September 14, 2018 in Huaiyin District, Jinan City, Shandong Province, with a registered capital of 29 million yuan. The

main business of the Company is the technical development, technical service, technical transfer, technical consultation and sales of photovoltaic power generation equipment; solar power generation; wind power generation; thermal production and supply; electricity sales; technical development, construction and operation of photovoltaic power generation projects; design, technical development and sales of environmental protection equipment; contract energy management; Technical development, technical consultation, technical transfer, sales and leasing of automobiles and accessories.

Disclosure information shows that in 2025, the company realized operating income of 3.0537 million yuan, operating profit of 3.7802 million yuan and net profit of 3.5811 million yuan. As of February 28, 2026, the total assets of the company were 31.8449 million yuan and the total liabilities were 0.89 million yuan.



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Correlation

On April 3, State Grid E-commerce Technology Co., Ltd., a subsidiary of State Grid, planned to transfer 100% equity and related creditor's rights of State Grid Zhilian (Jilin) New Energy Co., Ltd. in the form of online bidding at a low price of 18 million yuan.

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