China Energy Investment Corporation Limited entered into the equity transfer agreement to acquire a 15.68% stake in Beijing Longwei Power Generation Technology Co., Ltd. from Guodian Technology & Environment Group Corporation Limited (SEHK:1296) for approximately CNY 410 million on June 16, 2021. Beijing Longwei Power Generation Technology Co., Ltd. reported revenues of CNY 6,355.072 million, gross profit of CNY 997.429, loss before taxation CNY 466.212 million, loss after taxation CNY 568.308 million, total assets of CNY 12,765.911? million, total liabilities CNY 11,163.367 million and net assets of CNY 1,602.544 million for the year ended December 31, 2020. The transaction is subject to approval by regulatory board/committee, approval of merger agreement by China Energy Investment Corporation Limited board, approval of offer by Beijing Longwei Power Generation Technology Co., Ltd. board, approval of offer by Beijing Longwei Power Generation Technology Co., Ltd. shareholders. China Energy Investment Corporation Limited acquired 15.68% stake in Beijing Longwei Power Generation Technology Co., Ltd. from Guodian Technology & Environment Group Corporation Limited (SEHK:1296) on September 27, 2021. All the conditions have been fulfilled.