Baoding Tianwei Baobian Electric to sell 90% stake in Baobian India to Atlanta Electricals

Baoding Tianwei Baobian Electric (Baobian Electric) will transfer its 90% stake in Baobian-Atlanta Transformer India to Atlanta Electricals for 137 million yuan. The transaction follows a competitive bidding process where CG Power and Industrial Solutions had initially submitted the highest bid, but Atlanta Electricals exercised its preemptive right.

“交易后，上市公司将不再持有保变印度股权。”stcn.com

• 2 sources
• stcn.com两大印度财团，“争夺”A股变压器龙头亏损资产！May 30, 2025
• marketscreener.comAtlanta Electricals Limited agreed to acquire remaining 90% stake in Atlanta Transformer India Co., Ltd. from Baoding Tianwei Baobian Electric Co.,Ltd. for approximately CNY 140 million.S&P Capital IQMay 30, 2025

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