Ningbo Fangzheng announced that it plans to use its own or self-raised funds to purchase 20.00% of the shares of Anhui Fangzheng New Energy Technology Co., Ltd. in cash, at a transfer price of 63.8 million yuan. After the acquisition was completed, the company held 90.03% of Anhui Fangzheng's shares.

Ningbo Fangzheng announced that it plans to use its own or self-raised funds to purchase 20.00% of the shares of Anhui Fangzheng New Energy Technology Co., Ltd. in cash, at a transfer price of 63.8 million yuan. After the acquisition was completed, the company held 90.03% of Anhui Fangzheng's shares.