Tianjin Zijing New Energy Co., Ltd. agreed to acquire Shanghai Yiguan New Energy Co., Ltd. from Ceepower Co., Ltd. (SZSE:300062) for CNY 140 million on February 23, 2024. The deal has been approved by board of director of Ceepower Co., Ltd. As of December 31, 2023, Shanghai Yiguan New Energy Co., Ltd. reported total assets of CNY 200 million,, net assets of CNY 120 million, operating income of CNY 28 million, and net profit of CNY 10.4 million.