Sany Heavy Industry Co.,Ltd (SHSE:600031) agreed to acquire Changde Taisheng Electric Power Development Co., Ltd. from Sany Heavy Energy Co., Ltd. (SHSE:688349) for CNY 0.99 million on September 9, 2023. Changde Taisheng Electric Power Development reported Total assets worth CNY 8.4 million and Total common equity of CNY 0.2 million in June 30, 2023. Transaction has already been approved by Sany Heavy Energy's board of director's.