Bofei Electric announced that the company plans to transfer 100% of the shares of its wholly-owned subsidiary Bofei New Energy to Haining Economic Development Company for 385.225 million yuan. As of December 31, 2025, the shares have been settled, and Bofei New Energy will no longer be included in the scope of the consolidated statements. Since the company provided them with daily operating loans from July 1, 2025 to the equity settlement period, financial support of 1.96 million yuan was passively formed after the transfer, which is a related transaction. The amount is expected to be repaid no later than March 31, 2026, and the matter is pending consideration by the shareholders' meeting.

Bofei Electric announced that the company plans to transfer 100% of the shares of its wholly-owned subsidiary Bofei New Energy to Haining Economic Development Company for 385.225 million yuan. As of December 31, 2025, the shares have been settled, and Bofei New Energy will no longer be included in the scope of the consolidated statements. Since the company provided them with daily operating loans from July 1, 2025 to the equity settlement period, financial support of 1.96 million yuan was passively formed after the transfer, which is a related transaction. The amount is expected to be repaid no later than March 31, 2026, and the matter is pending consideration by the shareholders' meeting.