China Resources New Energy Investment Co.,Ltd agreed to acquire Zhangye Lilong New Energy Development Co., Ltd. from Shanghai Electric Wind Power Group Co., Ltd. (SHSE:688660) for CNY940 million on December 26, 2023. After being reviewed and approved by the seventh extraordinary meeting of the company's second board of directors in 2023 and the third extraordinary meeting of the shareholders' meeting in 2023, the company publicly auctioned the transfer of 100% equity of Lilong New Energy on the Shanghai Stock Exchange.