According to CoinMeta, as announced by ST Tony, the company has completed the transfer of 31.698% of the equity in Huzhou Dongni New Energy Co., Ltd., reducing its shareholding to 33.302%. Of this, 21.698% of the equity was transferred to Huzhou Dongli Equity Investment Partnership and Huzhou Talent Innovation Phase II Venture Capital Partnership. The transaction price for this portion was 230 million yuan. Another 10% of the equity was transferred to a newly established employee stock ownership platform for Dongni New Energy's core management team, with a transaction price of 33.3567 million yuan. Starting from June 2026, Dongni New Energy will no longer be a controlling subsidiary of the company and will not be included in the company's consolidated financial statements.