Jiangsu Zhongtian Technology Co., Ltd. (SHSE:600522) entered into an agreement to acquire 20% stake in Rudong Hefeng Offshore Wind Power Co., Ltd. from Zhongtian Technology Group Co., Ltd. for approximately CNY 340 million on June 27, 2023. Jiangsu Zhongtian Technology held the thirteenth meeting of the eighth session of the board of directors and approved the transaction. For the period ended March 2023, Rudong Hefeng Offshore's Total Assets were of CNY 8.2 billion and Net Assets were of CNY 1.45 billion.