北京20% equity of Beijing Sien Motor Engineering Co., Ltd

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Main content - Start? Listing Disclosure Basic Information Project Name: Beijing Sien Electric Machinery Engineering Co., Ltd. 20% Equity Project Number: 1102000D0131037422002 Subject Name: Subject Number: Transferor Name: Beijing Huake Electric Power Engineering Technology Co., Ltd. Transfer Proportion: 20 Transfer Approval Unit: State Grid Jibei Electric Power Co., Ltd. Trading Institution Name: Beijing Property Rights Exchange Listing Price: 10074456 million yuan Listing Period: 5 Listing Date: April 28, 2025 Selected Bidding Trading Method: Online Bidding Whether the original shareholders of the subject enterprise have waived their right of first refusal: No Other conditions related to the transfer: 1. The intended transferee must submit to Beijing Property Rights within 3 working days after qualification confirmation. The designated account of the exchange shall pay a trading margin of 3.02 million yuan (based on the time of receipt). 2. As of the expiration of the information disclosure period, if only one original shareholder who has not waived the right of first refusal is the intended transferee, the project will be executed through an agreement transfer method; Except for the original shareholders who have not waived their right of first refusal: (1) If there is only one intended transferee, the intended transferee shall make one quotation and enter the original shareholder consultation stage; If the original shareholder waives the right of first refusal, the intended transferee becomes the transferee; If the original shareholder exercises the right of first refusal, the original shareholder becomes the transferee; (2) If there are two or more intended transferees, the highest bidder will be determined through online bidding multiple times before entering the original shareholder consultation stage; If the original shareholder waives the right of first refusal, the highest bidder becomes the transferee; If the original shareholder exercises the right of first refusal, the original shareholder becomes the transferee; The security deposit paid by the transferee shall be directly converted into a part of the transaction price. The remaining intended transferee shall submit an application to the Beijing Stock Exchange for refunding the security deposit from the date when the transferee is determined. The Beijing Stock Exchange will refund the security deposit without interest within 3 working days after receiving the application. 3. The information disclosure period of this project is the due diligence period, and the intended transferee has the right and obligation to fully understand the subject matter of the property rights transaction during the information disclosure period of this project. After confirming the qualification of the intended transferee and paying the deposit, it shall be deemed that the intended transferee has carefully read and fully recognized the documents for reference by the Beijing Stock Exchange of this project, fully understood and voluntarily accepted the content of the property transfer announcement and the current situation and defects of the property transaction subject, completed all due diligence investigations on this project, and is willing to fully comply with the transaction procedures. If the transferee delays or refuses to sign the Property Rights Transaction Contract, refuses to pay the transaction price, abandons the transfer, or returns the property rights transaction subject matter on the grounds of not understanding the current situation and defects of the property rights transaction subject matter, it shall be deemed as a breach of contract. The transferor has the right to deduct all the transaction security deposit submitted and has the right to re disclose the transfer subject matter, and the transferee shall bear all relevant economic responsibilities and risks. 4. If any of the following situations occur without the fault of the transferor, the deposit paid by the intended transferee will be fully deducted and used for economic compensation to the relevant parties. If the deposit is insufficient to compensate, the relevant parties may continue to pursue compensation: (1) The intended transferee
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