Zhang Jinyu entered into an agreement to acquire 7.017% stake in Jiangsu JIXIN Wind Energy Technology Co., Ltd. (SHSE : 601218) from Bao Shijin for approximately CNY 280 million on March 4, 2021. Under the terms, 68.4 million shares will be acquired as a part of the transaction at a price of CNY 4.51 per share. Post the completion of the transaction, Bao Shijin will hold 29.92% stake in Jiangsu JIXIN.