Beijing Dinghan Technology Group Co.Ltd (SZSE:300011) agreed to acquire unknown minority stake in Jiangxi Huanli New Energy Technology Co., Ltd from Nanchang Zhenliang Investment Center (Limited Partnership),Yichun Yideshun Industrial Investment Firm (General Partnership) and He Junwei for CNY 27.5 million on July 24, 2023. The transaction is part of a Capital investment agreement. Jiangxi Huanli New Energy Technology reported Total assets worth CNY 301.9 million, Total revenue of CNY 797.6 million, EBIT of CNY 81.8 million, Net Income of CNY 72.2 million and Total Common equity of CNY 197.3 million in December 31, 2022.

Beijing Dinghan Technology Group's board have already approved the transaction.