Ning Xia Yin Xing Energy Co.,Ltd (SZSE:000862) agreed to acquire Related Assets and Liabilities of Alxa Left Banner Helan Mountain 200MW Wind Power Project from Chalco Ningxia Energy Group Co., Ltd. for CNY 640 million on March 1, 2023. The consideration consists of CNY 312.12 million as earnout. The transaction has been approved by the board and shareholders of Ning Xia Yin Xing Energy Co.,Ltd.

Ning Xia Yin Xing Energy Co.,Ltd (SZSE:000862) completed the acquisition of Related Assets and Liabilities of Alxa Left Banner Helan Mountain 200MW Wind Power Project from Chalco Ningxia Energy Group Co., Ltd. on May 13, 2024.