Gree Electric Appliances, Inc. of Zhuhai (SZSE:000651) signed the share transfer agreement to acquire additional 24.54% stake in Gree Altairnano New Energy Inc. from a group of shareholders for CNY 1 billion on December 19, 2023. As of June 30, 2023, Gree Altairnano New Energy Inc. generated total assets of CNY 24.3 billion and net assets of CNY 66 million.