Notification of Project MA Initiation between Southwest Guizhou Autonomous Prefecture Jinyuan New Energy Co., Ltd. and Nanjing Qingchangyang New Energy Co., Ltd. & Xingren Almaden New Energy Co., Ltd.
Southwest Guizhou Autonomous Prefecture Jinyuan New Energy Co., Ltd. notifies Nanjing Qingchangyang New Energy Co., Ltd. and Xingren Almaden New Energy Co., Ltd. that the conditions for their previously signed cooperative development agreement regarding the Xinren 30MWp Agricultural PV Power Station Project have been met. As a result, the merger and acquisition process for the target company will begin as outlined in their agreement dated September 19, 2019.
EXHIBIT 10.81
Notification of project MA initiation
To: Nanjing Qingchangyang New Energy Co.,Ltd
Xingren Almaden New Energy Co., Ltd
On September 19, 2019, the parties signed the agreement SMX-JSZH-2019-055 " Xinren 30MWp Agricultural PV Power Station Project M&A (Cooperative Development) Agreement", as of December 2019, the above cooperation projects have basically met the prerequisites for merger and acquisition in the agreement, and it is decided to initiate the merger and acquisition of the target company mentioned in the above cooperation agreement.
Hereby inform.
| Southwest Guizhou Autonomous Prefecture Jinyuan New Energy Co., Ltd. |
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| December 28, 2019 |
