Sichuan Guangan AAA Public New Energy Technology Development Co., Ltd. announced that it will receive CNY 350,000,000 on July 16, 2020. The transaction will include participation from Sichuan AAA Public Development Group Co., Ltd. for CNY 23,863,500, Sichuan Huakai Electric Co., Ltd. for CNY 14,318,100, Guangan State-owned Capital Investment Operations Group Co., Ltd for CNY 190,423,300 and returning investor Sichuan Guangan AAAPublic Co.,Ltd (SHSE:600979) for CNY 142,605,100. Post to the closing, Sichuan Guangan AAAPublic Co.,Ltd (SHSE:600979) will hold 52.10% stake in the company, Sichuan AAA Public Development Group Co., Ltd. will hold 5% stake, Guangan State-owned Capital Investment Operations Group Co., Ltd for 39.90% stakeand Sichuan Huakai Electric Co., Ltd. will hold 3% stake . The transaction was approved by the board of directors of the Sichuan Guangan AAAPublic Co.,Ltd (SHSE:600979) at 12th session of the 6th directorate and 8th meeting of the 6th supervisory board.