Hutong Chuangxin No. 1 Private Securities Investment Fund, managed by Ningbo Hutong Private Fund Management Partnership Enterprise (Limited Partnership) entered in a Share Transfer Agreement to acquire 5.997% stake in Shanghai Huitong Energy Co.,Ltd (SHSE:600605) from Tibet Dejin Business Management Co., Ltd. for CNY 320 million on May 7, 2024. The consideration will be paid at a price of CNY 25.74 per share.