Changchun Zhiyuan New Energy Equipment Co., Ltd (SZSE:300985) agreed to acquire remaining 49% stake in Zhiyou (Changchun) New Energy Auto Parts Manufacturing Co., Ltd from Changchun Sanyou Auto Parts Manufacturing Co., Ltd. and Changchun Huicheng Brother Technology Services Office (Limited Partnership) for CNY 37 million on December 29, 2021. The transaction has been approved by board of Changchun Zhiyuan New Energy Equipment.