[Uway] Announcement of change in the number of holding companies held by the Company
Uway announces a decrease in its number of holding companies to 49. This is due to its subsidiary Shinfox Energy disposing of its stake in Zhongwei Energy, thereby drastically reducing Uway's indirect holdings in Zhongwei Energy, Xinwei Power, Fox Nam Energy, and Shengri Energy Storage.
📋 Article Processing Timeline
- 📰 Published: April 17, 2026 at 09:00
- 🔍 Collected: April 18, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 18, 2026 at 21:21 (13h 21m after Collected)
1. Resolution approved by the board of directors or shareholders' meeting (please enter "board of directors" or "shareholders' meeting"): Board of Directors
2. Date of resolution: April 17, 2026
3. Reason for the addition of holding companies, name of the holding company, business category, and shareholding ratio in this resolution: Not applicable
4. Reason for the reduction of holding companies, name of the holding company, business category, and shareholding ratio in this resolution:
Reason: Shinfox Energy Co., Ltd. plans to dispose of the equity of Zhongwei Energy Co., Ltd., resulting in a reduction in the Group's shareholding in Zhongwei Energy Co., Ltd. and its subsidiaries.
(1)
Name of holding company: Zhongwei Energy Co., Ltd.
Business category: Energy technical services
Shareholding ratio: The Group originally held a 52.3% stake in Zhongwei Energy Co., Ltd., and after the disposal, it is 2.3%.
(2)
Name of holding company: Xinwei Power Co., Ltd.
Business category: Power generation
Shareholding ratio: The Group's shareholding in Xinwei Power Co., Ltd. decreased from 100% to 0%.
(3)
Name of holding company: Fox Nam Energy Co., LTD.
Business category: Solar power generation
Shareholding ratio: The Group's shareholding in Fox Nam Energy Co., LTD. decreased from 100% to 0%.
(4)
Name of holding company: Shengri Energy Storage Technology Co., Ltd.
Business category: Energy storage system auxiliary services
Shareholding ratio: The Group's shareholding in Shengri Energy Storage Technology Co., Ltd. decreased from 70% to 30%.
5. Number of holding companies held as of today: 49
6. Other matters that need to be specified: None
2. Date of resolution: April 17, 2026
3. Reason for the addition of holding companies, name of the holding company, business category, and shareholding ratio in this resolution: Not applicable
4. Reason for the reduction of holding companies, name of the holding company, business category, and shareholding ratio in this resolution:
Reason: Shinfox Energy Co., Ltd. plans to dispose of the equity of Zhongwei Energy Co., Ltd., resulting in a reduction in the Group's shareholding in Zhongwei Energy Co., Ltd. and its subsidiaries.
(1)
Name of holding company: Zhongwei Energy Co., Ltd.
Business category: Energy technical services
Shareholding ratio: The Group originally held a 52.3% stake in Zhongwei Energy Co., Ltd., and after the disposal, it is 2.3%.
(2)
Name of holding company: Xinwei Power Co., Ltd.
Business category: Power generation
Shareholding ratio: The Group's shareholding in Xinwei Power Co., Ltd. decreased from 100% to 0%.
(3)
Name of holding company: Fox Nam Energy Co., LTD.
Business category: Solar power generation
Shareholding ratio: The Group's shareholding in Fox Nam Energy Co., LTD. decreased from 100% to 0%.
(4)
Name of holding company: Shengri Energy Storage Technology Co., Ltd.
Business category: Energy storage system auxiliary services
Shareholding ratio: The Group's shareholding in Shengri Energy Storage Technology Co., Ltd. decreased from 70% to 30%.
5. Number of holding companies held as of today: 49
6. Other matters that need to be specified: None