Fujian Furi Electronics Co.,Ltd (SHSE:600203) agreed to acquire remaining 34.4149% stakes in Shenzhen CHINO-E Communication Co., Ltd. for CNY 700 million on August 11, 2022. As of March 31, 2022 Shenzhen CHINO-E Communication Co., Ltd. reported total assets and net assets of CNY 7,037.7161 million and 1,701.3055 million. After the completion of the industrial and commercial change registration, Fujian Furi Electronics holds 100% equity of Shenzhen CHINO-E Communication Co., Ltd.