Shanghai Juyuan Internet of Things Technology Service Co., Ltd. agreed to acquire Shanghai Xinglei Intelligent Technology Co., Ltd from China Leadshine Technology Co., Ltd. (SZSE:002979) for approximately CNY 130 million on July 28, 2022. Shanghai Juyuan Internet of Things Technology Service Co., Ltd. signed equity transfer agreement to acquire Shanghai Xinglei Intelligent Technology Co., Ltd from China Leadshine Technology Co., Ltd. (SZSE:002979) for approximately CNY 130 million on September 3, 2022.