Anhui Heli Co.,Ltd. (SHSE:600761) agreed to acquire 17.5985% stake in Anhui Yufeng Intelligent Technology Co., Ltd. from Fuyang Xinsong Intelligent Industry Development Fund Partnership (Limited Partnership) and Hefei Xingtai Optoelectronics Intelligent Venture Capital Co., Ltd. on April 8, 2024. In related transaction Anhui Heli Co.,Ltd will acquire 46.9938% of the equity of Anhui Yufeng Intelligent Technology and a PP transaction and the company will hold a total of 71.4172% of the equity of Yufeng Intelligent. The combined deal consideration is equal to CNY 270.512552 million.

Anhui Yufeng Intelligent Technology Co., Ltd. reported Total assets worth CNY 754 million, EBIT of CNY 282.3 million, Net income of CNY 21.9 million and Total Common equity of CNY 250 million in December 31, 2023. Transaction has already been approved by Anhui Heli's board of director's.