Who is sunwoda power?

The Company is a leading lithium battery solutions and products provider in China, mainly engaged in the R&D, production and sales of lithium batteries. The Company (other than Sunwoda Power and its holding subsidiaries) is principally engaged in the R&D, production and sales of consumer lithium batteries.

What is the main business of sunwoda EVB?

The principal business of Sunwoda EVB is the R&D, production and sales of power lithium batteries, and it is not a company that mainly engaged in financial business.

Is sunwoda a spin-off company?

Sunwoda proposes to Spin-off and list its controlling subsidiary Sunwoda EVB on the ChiNext Market of the SZSE. Upon completion of the Spin-off, the shareholding structure of Sunwoda will remain unchanged and the Company will maintain control over Sunwoda EVB.

Are sunwoda & EVB independent?

Sunwoda and Sunwoda EVB have their respective comprehensive business systems and ability to operate independently and directly in the market, and there are no other serious deficiencies in their independence.

What is the closing price of sunwoda?

Note: Any discrepancies in the above table are due to rounding. On 14 June 2023, the closing price of the shares of Sunwoda was RMB15.55/share; on 13 July 2023, the closing price of the shares was RMB16.76/share.

Does sunwoda EVB provide illegal guarantee?

The Company and other enterprises controlled by the Company will not illegally appropriate the funds and assets of Sunwoda EVB in any way, nor require Sunwoda EVB to provide illegal guarantee for the Company and other enterprises controlled by the Company. 5.