Jiaxing Xinguo Xinghui Xingzhi Venture Capital Partnership Enterprise (Limited Partnership) agreed to acquire 51% stake in Shenzhen Sunrise Commercial Co., Ltd. from Shenzhen Sunrise New Energy Co., Ltd. (SZSE:002256) for CNY 49.98 million on December 26, 2023. As of September 30, 2023, Shenzhen Sunrise Commercial Co., Ltd. generated total assets of CNY 153.97 million and net assets of CNY 125.2 million. The transaction was approved by the Board of Directors of Shenzhen Sunrise New Energy Co., Ltd.