Chengxin Lithium Group Co., Ltd. (SZSE:002240) signed an agreement to acquire an unknown minority stake in Suining Shengxin Lithium Industry Co., Ltd. from Suining Shengxin Equity Investment Center (Limited Partnership) on January 19, 2023. After the repurchase is completed, Chengxin Lithium Group will hold 100% equity of Suining Shengxin Lithium Industry.