Sichuan Yumingyao New Energy Co., Ltd signed the Share Transfer Agreement to acquire 8.5% stake in Sichuan Shudao Equipment and Technology Co., Ltd. (SZSE:300540) from Suichuan Ruizhong Enterprise Management Service Center (Limited Partnership) and Pang Qinying on June 6, 2022.

Sichuan Yumingyao New Energy Co., Ltd completed the acquisition of 8.5% stake in Sichuan Shudao Equipment and Technology Co., Ltd. (SZSE:300540) from Suichuan Ruizhong Enterprise Management Service Center (Limited Partnership) and Pang Qinying for CNY 260.38 million on June 6, 2022.