GCL Energy Technology (002015): Progress Of Equity Acquisition And Related Party Transactions

GCL energy (002015) announced on the evening of May 19 that GCL smart energy paid the equity transfer price of RMB 1 to GCL power on April 25, 2022.

Recently, Jiande pumped storage has completed the industrial and commercial registration procedures for shareholder change and obtained the business license issued by Jiande market supervision and Administration Bureau on May 18, 2022. The main change information is as follows:

Name of original shareholder: Jiangsu GCL Electric Power Co., Ltd

Names of current shareholders: GCL smart energy (Suzhou) Co., Ltd. and Jiangsu GCL Electric Power Co., Ltd

The subject equity of this transaction has completed the industrial and commercial change registration. GCL smart energy, a wholly-owned subsidiary of the company, holds 51% of the equity of the target company. The target company is a subsidiary of the company, which is included in the consolidated statements of listed companies.