An unknown buyer agreed to acquire 5% stake in Sichuan Energy Investment Lithium Technology Co., Ltd. from Sichuan New Energy Power Company Limited (SZSE:000155) for approximately CNY 150 million on May 18, 2022. Post completion, Sichuan New Energy Power Company Limited will hold 57.75% stake of Sichuan Energy Investment Lithium Technology Co., Ltd. For the period ended march 31, 2022, Sichuan Energy Investment Lithium Technology had total assets of CNY 920 million and net assets of CNY 510 million.