Nanjing Panda Electronics Sells 27% ENC Stake to Ericsson China for RMB 256.2 Million

Reuters09-30

<a href="https://laohu8.com/S/600775">Nanjing Panda Electronics</a> Sells 27% ENC Stake to Ericsson China for RMB 256.2 Million

Nanjing Panda Electronics Company Ltd. has announced the sale of a 49% equity interest in ENC through a public tender, with Ericsson (China) Co., Ltd. emerging as the successful bidder. The final transaction price is confirmed at RMB465 million, with Ericsson (China) having already paid a 20% deposit. The remaining consideration will be paid within five working days of the agreement's effective date. The company will provide further updates upon completion of the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nanjing Panda Electronics Company Ltd. published the original content used to generate this news brief on September 30, 2025, and is solely responsible for the information contained therein.

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