Chang'an Huitong agreed to acquire 12.78% stake in Beijing Emerging Eastern Aviation Equipment Co., Ltd. (SZSE:002933) from Dai Yue for approximately CNY 460 million on December 21, 2022. Chang'an Huitong will pay the consideration in four tranches. 1st tranches of CNY 138.15 million, 2nd tranches of CNY 92.1 million, 3rd tranche of CNY of 138.15 million and fourth tranche of CNY 92.1 million.

Chang'an Huitong completed the acquisition of 12.78% stake in Beijing Emerging Eastern Aviation Equipment Co., Ltd. (SZSE:002933) from Dai Yue for approximately on April 26, 2023.