GCL Energy Technology Co., Ltd. (SZSE:002015) agreed to acquire remaining 10% stake in GCL Smart Energy Co. Ltd. for CNY 730 million on June 25, 2021. Within 6 months after the agreement becomes effective, the buyer will pay the full price to the seller. The buyer can pay the price in phases. The first phase payment must not be less than 50% of the share transfer price. For the year ended on December 31, 2020, reported total assets of CNY 28181.98 million, Net Assets of CNY 6065.56 million, Revenue of CNY 11305.93 million, operating profit of CNY 1365.08 million and Net profit of CNY 1071.49 million. The transaction is subject to approval of GCL Energy's shareholders. As of August 17, 2021, GCL Energy has paid GCL Group the entire purchase price of CNY 730 million. GCL Energy Technology Co., Ltd. (SZSE:002015) completed the acquisition of the remaining 10% stake in GCL Smart Energy Co. Ltd. on August 17, 2021. As of August 31, 2021, the shareholders of GCL Energy approved the transaction.