Ningbo Sunrise Elc Technology Co.,Ltd (SZSE:002937), Ningbo Hongqu Technology Partnership Enterprise (Limited Partnership), Ningbo Xinfeng Technology Partnership Enterprise (Limited Partnership) and Li Xiaoning entered into an agreement to acquire 25% stake in Ningbo Ainajie New Energy Technology Co., Ltd from Qin Maohua for CNY 0 on April 25, 2023. Under the terms of transaction, Ningbo Sunrise will acquire additional 8% stake whereas Ningbo Hongqu Technology, Ningbo Xinfeng Technology and Li Xiaoning acquire 2.1%,12% and 2.8% stake respectively. As of Dec 31, 2022, Ainajie's total assets is CNY2,154,800, net asset is CNY 2,068,000, its revenue was CNY 339,600, net loss is CNY 3,432,000.

On April 25, 2023, Ningbo Sunrise Elc Technology Co.,Ltd directorate and supervisory board approved the proposal.