Yixing Guoyuan Investment Partnership Enterprise (Limited Partnership) signed a share transfer supplemental agreement to acquire additional 5.28% stake in Far East Smarter Energy Co., Ltd. from Far East Holding Group Co.,Ltd. for CNY 650 million.

Far East Smarter Energy Co., Ltd is a China-based company, principally engaged in the production and distribution of electric cables. Its products include smart grid cables, intelligent buildings and factory cables, intelligent wind power cables, intelligent traffic cables, intelligent oil and gas cables, intelligent nuclear grade cables and intelligent photovoltaic cables. The Company is also engaged in the manufacture and distribution of pharmaceuticals. The Company distributes its products within domestic markets and to overseas markets.