On October 15, 2021, Hubei EVE Power Co., Ltd. closed the transaction. The company received CNY 451,951,758.53 in the transaction. The registered capital of the company increased from CNY 250,000,000 to CNY 701,951,758.53. The has completed the procedures of industrial and commercial change registration and obtained the Business License issued by the Market Supervision Administration of Jingmen High-tech Zone (Diaodao District).