GUOTONG Trust Co., Ltd. signed equity transfer agreement to acquire 27% stake in Xinjiang Ge?ensi Energy Technology Co., Ltd. from TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (SZSE:002129) for approximately CNY 700 million on September 28, 2023. The board of TCL Zhonghuan Renewable Energy Technology approved the transaction on September 28, 2023. As of December 29, 2023 TCL Zhonghuan Renewable Energy Technology's board of director's approved the transaction.