Ning Xia Yin Xing Energy Co.,Ltd (SZSE:000862) agreed to acquire related assets and liabilities of Alxa Left Banner Helan Mountain 200MW Wind Power Project from China Aluminum Ningxia Energy Group Co., Ltd. on October 11, 2021. Ning Xia Yin Xing will issue common shares (A shares) to not more than 35 specific investors to raise supporting funds. The supporting funds will be used for this transaction’s cash consideration, payment of related tax and intermediary institution fees, repayment of loans, replenishment of working capital. The transaction is subject to China Aluminum Ningxia Energy’s internal decision-making body must approve the formal plan, Ning Xia Yin Xing Energy Co.,Ltd’s directorate must approve the formal plan, Ning Xia Yin Xing Energy Co.,Ltd’s shareholders’ approval, State-owned asset authority approval and CSRC approval. The transaction is approved by the Board of Ning Xia Yin Xing Energy Co.,Ltd and by the internal decision making body of China Aluminum Ningxia Energy Group Co., Ltd.