China Huarong Asset Management Co., Ltd. (SEHK:2799) agreed to acquire 8.04% stake in Zhongshan Public Utilities Group Co.,Ltd. (SZSE:000685) from Fosun International Limited (SEHK:656) for approximately CNY 770 million on November 30, 2022. China Huarong paid CNY 6.46 per share to Zhongshan Public.

China Huarong Asset Management Co., Ltd. (SEHK:2799) completed the acquisition of 8.04% stake in Zhongshan Public Utilities Group Co.,Ltd. (SZSE:000685) from Fosun International Limited (SEHK:656) on December 15, 2022. On December 15, 2022, the company received the "Securities Non-trading Transfer Registration Application Confirmation" issued by China Securities Depository and Clearing Co., Ltd. The above-mentioned agreement transfer shares have completed the transfer registration procedures. , the nature of the shares is unrestricted tradable shares.