Shouhang High-Tech Energy Co., Ltd. (SZSE:002665) signed an agreement to acquire Beijing Juxing New Energy Technology Co., Ltd. from Juhe Brothers Holdings Co., Ltd. for CNY 94.5 million on September 8, 2021. Beijing Juxing New Energy Technology Co., Ltd reported total assets of CNY 306.9 million and total common equity of CNY -70.4 million till March 31, 2021.