China Three Gorges Renewables (Group) Co.,Ltd. (SHSE:600905) to acquire Yangjiang Mingyang Offshore Wind Power Development Co., Ltd. from Ming Yang Smart Energy Group Limited (SHSE:601615) for CNY 1.8 billion on December 28, 2021. The transaction has been reviewed and approved at the 27th meeting of the second board of directors and the 23rd meeting of the second board of supervisors. This transaction does not need to be submitted to the general meeting of shareholders for deliberation.

There are no major legal obstacles to the implementation of this transaction. Financials recorded as of September 30, 2021, Total assets of CNY 5.1 billion and net assets of CNY 1.8 billion.