Hainan Drinda Automotive Trim Co.,Ltd. (SZSE:002865) agreed to acquire 3.65% stake in Shangrao Jietai New Energy Technology Co., Ltd. from Shangrao Zhanhong New Energy Technology Center (Limited Partnership) for approximately CNY 100 million on July 16, 2021. The transaction was approved by the partners of Shangrao Jietai New Energy Technology Co., Ltd. Jiang Yu of Huatai United Securities Co., Ltd., Long Haitao of Beijing Zhide Law Firm and Yu Qiang of Zhonghui Certified Public Accountants (Special General Partnership) acted as financial, legal advisor and accountant to Shangrao Jietai New Energy Technology Co., Ltd.