Tianjin Binhai Energy & Development Co.,Ltd (SZSE:000695) agreed to acquire Inner Mongolia Xiangfu New Energy Co., Ltd. from Dong Xiaoyun, Jia Laifu and Guizhou Dijin Trading Co., Ltd. for CNY 39.9 million on May 22, 2023. For the period April 30, 2023, Inner Mongolia Xiangfu New had CNY 52.5926412 Total assets and CNY 39.8776412 million of Net assets.

Tianjin Binhai Energy & Development Co.,Ltd (SZSE:000695) completed the acquisition of Inner Mongolia Xiangfu New Energy Co., Ltd. from Dong Xiaoyun, Jia Laifu and Guizhou Dijin Trading Co., Ltd. on May 25, 2023.