Beijing Haixin Energy Technology Co., Ltd. (SZSE:300072) agreed to acquire Hainan Huanyu New Energy Co., Ltd. from Hainan Qingliu Green Energy Investment Management Co., Ltd. for CNY 88.5 million on August 30, 2023. Beijing Haixin Energy will pay the consideration within 30 working days after the change of business registration. As of February 28, 2023, Hainan Huanyu New Energy reported total asset of CNY 296.4 million and net asset of CNY 57.3 million.

The transaction is reviewed and approved by the board of Beijing Haixin Energy.