China Bester Group Telecom Co., Ltd. (SHSE:603220) signed an investment intention agreement to acquire Zhechu Energy Group Co., Ltd. for CNY 52.09 million on January 3, 2023. The transaction was approved by China Bester Group Telecom Co., Ltd. 14th meeting of the third board of directors. The exclusivity period is from the effective date of the intentional investment agreement to February 10, 2023.