Nanjing Panda Electronics Completes Sale of ENC Stake to Ericsson

Reuters10-31
<a href="https://laohu8.com/S/600775">Nanjing Panda Electronics</a> Completes Sale of ENC Stake to Ericsson

Nanjing Panda Electronics Company Ltd. has provided an update regarding the disposal of its equity interest in ENC. On 10 October 2025, SUAEE received the full consideration of RMB465 million from Ericsson for the acquisition of a 49% equity interest in ENC. Following the completion of property rights transfer procedures and registration reflecting the change in shareholders, Nanjing Panda Electronics Company Ltd. and its Chinese partners no longer hold any equity interest in ENC.

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