Jiangsu Haili Wind Power Equipment Technology Co., Ltd. (SZSE:301155) agreed to acquire Haiheng Rudong Offshore Wind Power Co., Ltd. from Jiangsu Haiyu New Energy Co., Ltd. for CNY 32 million on May 23, 2022. Under the terms, consideration will be paid in cash. As of May 23, 2022, Jiangsu Haili Wind's board of directors have approved the transaction. For the year ended December 31, 2021, Haiheng Rudong had CNY 17.34 of Net assets, CNY 121.37 of total assets, CNY 0.34 of Operating profit and CNY 0.34 of Net profit.