Advanced Technology & Materials Co., Ltd. (SZSE:000969) agreed to acquire Beijing Steel Research Dahui Technology Development Co., Ltd. from Steel Research Investment Co., Ltd. for CNY 36.6 million on July 8, 2022. The board of Advanced Technology & Materials reviewed and approved the deal in seventh extraordinary meeting. Beijing Steel Research Dahui Technology has reported total assets of CNY 186.9971 million, net income of CNT 0.8469 million and total common equity of CNY 32.0444 million in December 31, 2021.