Zhuhai Zhuoyue Zhitu Equity Investment Management Center (Limited Partnership) signed a share transfer agreement to acquire 5% stake in Zhuhai Enpower Electric Co.,Ltd. (SZSE:300681) from Jiang Guibin, Li Hongyu and Wei Biao for approximately CNY 140 million on December 6, 2020.Under the terms of agreement, Zhuhai Zhuoyue Zhitu Equity Investment Management will acquire total of 3.78 million shares at CNY 36.15 per share of Zhuhai Enpower Electric from Jiang Guibin, Li Hongyu and Wei Biao. Jiang Guibin, Li Hongyu and Wei Biao will sell 2.9 million, 0.57 million and 0.28 million shares respectively. Within 20 working days from the date of obtaining the Shenzhen Stock Exchange’s compliance confirmation, the first transfer payment of CNY 23.3 million shall be paid; within 60 days from the date of obtaining the Shenzhen Stock Exchange’s compliance confirmation, the second payment CNY 45.1 million shall be paid; within 30 days from the date of completion of the transfer of shares under this agreement, the balance payment of CNY 68.3 million shall be paid. In Related transaction, Zhuhai Gree Financial Investment Management Co., Ltd. signed a share transfer agreement to acquire 5% stake in Zhuhai Enpower Electric Co.,Ltd from Jiang Guibin, Li Hongyu and Wei Biao for approximately CNY 140 million on December 6, 2020. Post completion of transactions, Jiang Guibin, Li Hongyu, Wei Biao and Zhuoyue Zhitu will hold 34.3%, 10.15%, 5.08% and 5% stake in Zhuhai Enpower Electric Co.,Ltd Zhuhai Zhuoyue Zhitu Equity Investment Management Center (Limited Partnership) completed the acquisition of 5% stake in Zhuhai Enpower Electric Co.,Ltd. (SZSE:300681) from Jiang Guibin, Li Hongyu and Wei Biao on June 4, 2021.