Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) signed agreement to acquire Henan Ancai Photothermal Technology Co., Ltd. from Henan Investment Group for approximately CNY 210 million on September 8, 2021. Henan Ancai Hi-Tech Co.,Ltd. will use its own funds for consideration payment. As of June 30, 2021, Henan Ancai Photothermal Technology Co., Ltd. has reported total assets of CNY 744.29 million and net assets of CNY 178.62 million. The Board of Directors of Henan Ancai Hi-Tech Co.,Ltd. has approved the transaction.