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.
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 October 31, 2025, and is solely responsible for the information contained therein.
Comments