Changsha Haizhou Electric Co., Ltd. agreed to acquire 40% stake in Fjord Ruineng Systems Engineering (Shanghai) Co., Ltd. from Changshu Guorui Technology Co.,Ltd. (SZSE:300600) for CNY 0.33 million on December 19, 2023. The consideration consists of CNY 0.333 million in cash. As part of the consideration, CNY 0.333 million was paid towards common equity.

The sale was approved by the Board of Directors of Changshu Guorui Technology.