According to the Zhitong Finance App, Jinchen Co., Ltd. (603396.SH) announced that the company plans to purchase 100% of the shares of Gerun Smart PV Nantong Co., Ltd. (“Gerun Smart”) held by the related party, Liaoning Tongyi Equity Investment Partnership (Limited Partnership), with its own capital of 41.412 million yuan. This transaction is due to the fact that Gerun Intelligence owns land and real estate in the Sutong Science and Technology Industrial Park in Nantong City, and the plot is ideally located to meet the needs of the company's subsequent construction projects. At the same time, it can shorten the project construction cycle, avoid some construction risks, and is in line with the company's current strategic development plan.

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