Shandong Jiangquan Industry Co.Ltd(600212) it is proposed to sell the thermal power business asset group and withdraw from the thermal power business

Shandong Jiangquan Industry Co.Ltd(600212) it is announced that the company plans to transfer the thermoelectric business asset group owned by the company to Linyi Xuyuan Investment Co., Ltd. in cash. After the completion of this transaction, the listed company will strategically withdraw from the thermal power business, concentrate resources on strategic and business transformation, and focus on the business layout focusing on new energy charging and energy storage business.