Titan Energy Technology (02188) issued an announcement. On May 7, 2024, the company received a notice from the auction agent. The buyer proposed a final bid of RMB 30.1 million during the auction and successfully bid for shares at the auction.
On May 16, 2024, Titan Technology (as the seller) entered into an equity transfer agreement with the buyer (Chen Wenjia) and the auction agent. According to this, Titan Technology conditionally agreed to sell, and the buyer conditionally agreed to purchase all of Zhuhai Libo's shares at a cost of RMB 3010.