Wuhu Xinmei Bailout Investment Partnership (Limited Partnership) agreed to acquire 5.1% stake in Shanxi Meijin Energy Co.,Ltd. (SZSE:000723) from Meijin Energy Group Co., Ltd. for CNY 1.6 billion on December 9, 2019. Wuhu Xinmei Bailout will purchase 210.126 million shares of Shanxi Meijin Energy, representing 5.13% for CNY 7.78 per share. A 1st installment of CNY 150 million will be paid after application to the China Securities Clearance for registration of the present transaction. Another CNY 817.39 million will be paid within 1 day since registration of delivery of underlying equity. The rest of the transactional price will be paid within 3 months since completion of delivery of underlying equity. Wuhu Xinmei Bailout Investment Partnership (Limited Partnership) cancelled the acquisition of 5.1% stake in Shanxi Meijin Energy Co.,Ltd. (SZSE:000723) from Meijin Energy Group Co., Ltd. on December 9, 2020.