Gelonghui, Feb. 24, 丨 Jia Wei Xinneng rose more than 4% to 671 yuan, with a total market capitalization of 5.5 billion yuan. Jiawei Xinneng announced that Jiawei (Shanghai) Photovoltaic Power Co., Ltd., a wholly-owned subsidiary of the company, plans to sign an “Equity Transfer Agreement” with Nanjing Boxin Energy Technology Co., Ltd. and Zhenfa Energy Group Co., Ltd. to determine the debt-based acquisition of 100% of the shares of Huainan Zhenneng Photovoltaic Power Generation Co., Ltd. held by Boxin Energy. Specifically, the 100% equity transfer price was RMB 28.87 million; as of October 31, 2022, Huainan Zhenneng's debt to Boxin Energy was RMB 54.9 million. After the acquisition was completed, Shanghai Zheneng and Huainan Zheneng will jointly be responsible for liquidation. The total amount of the above two was 83.77 million yuan. After the acquisition is completed, Shanghai Jiawei, a wholly-owned subsidiary of the company, will directly hold 100% of Huainan Zhenneng's shares. Huainan Zhenneng owns and operates photovoltaic power plants with an actual installed capacity of 18.2479 MW.