Sanhua Intelligent Control (02050): Shaoxing New Energy completed deregistration

Zhitong Finance App News, Sanhua Intelligent Control (02050) issued an announcement. The company held the 31st meeting of the 7th board of directors on March 25, 2025 to review and pass the “Proposal on Absorption and Merger between Wholly-owned Sun Companies”. The board of directors of the company agreed to absorb and merge the wholly-owned Sun Company Shaoxing Sanhua Automobile Thermal Management Technology Co., Ltd. (“Shaoxing New Energy”). After the absorption and merger was completed, Shaoxing New Energy cancelled all assets of Shaoxing New Energy according to law. , liabilities, rights and all other rights and obligations shall be inherited by Shaoxing Thermal Management in accordance with law. Recently, the company received the “Notice of Registration” issued by the Market Supervision Administration of Yuecheng District, Shaoxing City. Shaoxing Renewable Energy has completed the deregistration procedure. After the cancellation is completed, it will not have a significant impact on the normal operation and financial situation of the company, and will not harm the interests of the company and all shareholders, especially small and medium shareholders.