Jointo Energy Investment Co., Ltd. Hebei (SZSE:000600) agreed to acquire 21% stake in Yangmei Group Shouyang Boqi Power Generation Co., Ltd. from Beijing Boqi Environmental Solutions Technology Co., Ltd. for approximately CNY 130 million on November 17, 2020. On November 18, the Jointo Energy and Beijing Boqi signed the Property Transaction Contract. The paid deposit of CNY 38.36 million will be converted into part of the transfer price, and the remaining transfer price of CNY 89.53 million shall be remitted to the settlement account designated by Shanxi Property Rights Exchange Market Co., Ltd. within 10 working days after the contract takes effect. Shouyang Boqi reported Total Assets of CNY 1.52 billion, Net loss of CNY 0.40 million, Net asset of CNY 609.20 million, Revenues of CNY 0.