Beiken Energy is once again planning a change of control. Controlling shareholder Chen Pinggui intends to transfer 13.16 percent of the company's total share capital held by him and his spouse. The counterparty is in the new energy storage sector, and the deal may lead to a change in the company's controlling shareholder and actual controller. Trading in the company's shares has been suspended since July 27 and is expected to last no more than two trading days. Previously, the company had planned a management buyout through a private placement, but that was terminated on June 15. The company expects a net loss attributable to the parent company of 115 million to 125 million yuan for the first half of 2026, with performance remaining under pressure.
XinJiang Beiken Energy Engineering Stock Co LtdCompany expects net loss of 115-125 million yuan for H1 2026, performance under pressure, and previous MBO plan terminated.