Aibulu Completes Sale of 70% Stake in Hanyu New Energy, Receives Full Transfer Payment of 7.682 Million Yuan

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Hunan Aibulu Environmental Protection Technology announced that the sale of a 70% stake in its holding subsidiary Hanyu New Energy Hangzhou Technology Development has been completed. The company has received the full equity transfer payment of 7.682 million yuan, and the target company has completed shareholder change filing and industrial and commercial registration procedures. After the transaction, the company no longer holds any equity in Hanyu New Energy, and Hanyu New Energy will no longer be included in the consolidated financial statements. The transaction was approved at the 26th meeting of the company's third board of directors on April 29, 2026, with the transferee being Lingxi Zhizao Nanjing Technology. The company stated that the transaction is based on its strategic development plan, aiming to further focus business development and optimize resource allocation.

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