Sany Heavy Industry Co.,Ltd (SHSE:600031) agreed to acquire Changsha Zhongsheng New Energy Co., Ltd. from Sany Heavy Energy Co., Ltd. (SHSE:688349) for CNY 2.4 million on September 9, 2023. Changsha Zhongsheng New Energy Co., Ltd. reported for the period ended June 30, 2023, total assets of CNY 57.91 million and net assets of 1.21 million. Sany Heavy Energy Co., Ltd. (SHSE:688349) board of directors approved the transaction.

This transaction does not need to be submitted to the shareholders? meeting for review.