Aerospace Power (600343.SH) plans to transfer all shares of the holding subsidiary Jiangsu Electromechanical

Zhitong Finance App News, Aerospace Power (600343.SH) announced that in order to divest the company's unfavorable business, focus on its core business, and optimize the asset structure, the company plans to publicly transfer all of its shares in the holding subsidiary Jiangsu Aerospace Power Electromechanical Co., Ltd. (Jiangsu Electromechanical for short) on the Beijing Stock Exchange. After the transaction is completed, the company will no longer hold shares in Jiangsu Electromechanical, and Jiangsu Electromechanical will no longer be included in the scope of the company's consolidated statements.