Advised on Sale of Company

Industrials

Xi'an ShaanGu Power Co., Ltd.

Industrial blower and turbine systems manufacturer China

Acquired 75% of shares

EKOL spol. s r.o.

Power generation OEM - steam turbines up to 70MW Czechia

Xi'an Shaangu Power Co. Ltd. of China acquired a 75% interest in Ekol spol. s.r.o.

Xi'an Shaangu Power Co. Ltd. of China, a unit of Chinese state-owned Xian Industrial Assets Operation Co. Ltd.'s Shaanxi Blower (Group) Co. Ltd. subsidiary, acquired a 75% interest in Ekol spol. s.r.o., a Brno-based manufacturer and wholesaler of steam turbines.