According to Zhitong Finance App, Haining Picheng (002344.SZ) announced that Haining Picheng New Energy Development Co., Ltd. (“New Energy Company”), a wholly-owned subsidiary of Haining China Leather City Investment Co., Ltd., the company's wholly-owned subsidiary, plans to purchase shares in a total of 38 PV companies under Zhejiang Shengmao New Energy Technology Co., Ltd., Haining Juhui New Energy Co., Ltd. and Haining Xinjie New Energy Technology Co., Ltd. at a price of 226 million yuan.

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