Jilin Power Share Co.,Ltd. (SZSE:000875) intents to acquire Qianguo Fuhui Wind Energy Co., Ltd, Qianguo County Chengrui Wind Energy Co., Ltd., Qianguo Daixu Wind Energy Co., Ltd, Fuyu Chengrui Wind Energy Co., Ltd., Fuyu Fuhui Wind Energy Co., Ltd., Fuyu Jicheng Wind Energy Co., Ltd. and Fuyu Jirui Wind Energy Co., Ltd. from Shanghai Chengrui Investment Company Limited for approximately CNY 740 million on August 30, 2018. Under the terms of the transaction, Jilin Power Share Co.,Ltd. acquires Qianguo Fuhui Wind Energy for approximately CNY 130 million, Qianguo County Chengrui for CNY 8.2 million, Qianguo Daixu Wind for CNY 65.5 million, Fuyu Chengrui Wind for approximately CNY 130 million, Fuyu Fuhui Wind for approximtely CNY 150 million, Fuyu Jicheng Wind for approximately CNY 120 million and Fuyu Jirui Wind Energy for approximately CNY 150 million. As a part of consideration 95% of the transactional price will be paid within 10 days after completion of change of registry procedures. The extant 5% will be paid after completion by Shanghai Chengrui Investment Co., Ltd. of all preconditions stated in the final agreement. In a related transaction, Shanghai Chengrui Investment Company Limited agreed to acquire Qianguo Fuhui Wind Energy Co., Ltd, Qianguo County Chengrui Wind Energy Co., Ltd., Qianguo Daixu Wind Energy Co., Ltd, Fuyu Chengrui Wind Energy Co., Ltd., Fuyu Fuhui Wind Energy Co., Ltd., Fuyu Jicheng Wind Energy Co., Ltd. and Fuyu Jirui Wind Energy Co., Ltd. from Beijing Tianrun Xinneng Investment Co., Ltd., Shanghai Daixu Industrial Co., Ltd. and Ming Yang Smart Energy Group Limited on August 30, 2018. During the financial year ended December 2017, Qianguo Fuhui Wind Energy reported total assets of CNY 299.5 million and net assets of CNY 108.5 million. Qianguo Fuhui Wind Energy Co reported total assets of CNY 350.8 million and net assets of CNY 59.13 million, Qianguo Daixu Wind Energy reported total assets of CNY 217.7 million and net assets of CNY 60.12 million, Fuyu Chengrui Wind Energy reported total assets of CNY 390.23 million and net assets of CNY 86.62 million, Fuyu Fuhui Wind Energy reported total assets of CNY 410.7 million and net assets of CNY 88.5 million, Fuyu Jicheng Wind Energy reported total assets of CNY 402.7 million and net assets of CNY 96.34 million and Fuyu Jirui Wind Energy reported total assets of CNY 426.2 million and net assets of CNY 168.8 million. Equity in the 7 target companies has not yet been transferred to Shanghai Chengrui Investment Co., Ltd. The present transaction cannot be completed until said transfer is finished first. The transaction has been approved by the Board of Jilin Power Share. Jilin Power Share Co.,Ltd. (SZSE:000875) cancelled the acquisition of Qianguo Fuhui Wind Energy Co., Ltd, Qianguo County Chengrui Wind Energy Co., Ltd., Qianguo Daixu Wind Energy Co., Ltd, Fuyu Chengrui Wind Energy Co., Ltd., Fuyu Fuhui Wind Energy Co., Ltd., Fuyu Jicheng Wind Energy Co., Ltd. and Fuyu Jirui Wind Energy Co., Ltd. from Shanghai Chengrui Investment Company Limited on August 30, 2019.