Shouguang Kangyue Investment Co., Ltd. agreed to acquire 100% Kangyue Technology (Shandong) Co., Ltd.,Kangnuo Precision Work Co.,Ltd, Konway Technology LLC, Shandong Kangcheng New Energy Technology Co., Ltd.,Qingdao Konwin Import & Export Co., Ltd. and 51% stake in Aelous Turbocharge Technology Co., Ltd. for CNY 310 million on June 6, 2022.