Yao Guorui entered into share transfer agreement to acquire 5.36% stake in Hebei Sailhero Environmental Protection High-tech Co.,Ltd (SZSE:300137) from Li Yuguo for approximately CNY 230 million on April 6, 2024. consideration will be paid in the form of CNY 8 per share, with approx.170 million in cash and remaining 60 million of the loan that Qingli New Energy has paid to Li Yuguo will be offset. In related transaction the parties will also transfer 5.01% stake under a supplemental agreement.