Xinjiang Beiken Energy Engineering Co., Ltd. (SZSE:002828) signed a share transfer agreement to acquire 20.87% stake in Xinjiang United Energy Co., Ltd from Xinjiang Zhundong Oil Field Engineering Technology Co., Ltd, Karamay Jianye Energy Co.,Ltd., Xinjiang Zhengtong Road and Bridge Engineering Co., Ltd, Xinjiang Karamay Caifeng Industrial Co., Ltd and Karamay Chuangtuo Co., Ltd on December 4, 2018. Xinjiang Beiken Energy Engineering will acquire 208.7 million shares of Xinjiang United Energy. The transaction is approved by Board of Xinjiang Beiken Energy Engineering.