LONGi Green Energy Technology Co., Ltd. (SHSE:601012) entered into a share transfer agreement to acquire 27.25% stake in Center International Group Co.,Ltd. (SHSE:603098) from Liu Aisen, Beijing Shixing Shengya Investment Co., Ltd. and Huayong Investment Group Co., Ltd. for CNY 1.6 billion on March 4, 2021. As part of the consideration, LONGi will acquire 130 million shares at CNY 12.5 per share. Liu Aisen will transfer 34.8 million shares, Beijing Shixing Shengya will transfer 48 million shares and Huayong will transfer 48 million shares.

The transaction is subject to approval from the Shanghai Stock Exchange.