GRG Banking Equipment Co., Ltd. (SZSE:002152) agreed to acquire Guangzhou GRG International Trading Co., Ltd. from Guangzhou GRG Pingyun Capital Management Co., Ltd. CNY 69 million on July 31, 2023. As of May 31, 2023, Guangzhou GRG International Trading Co., Ltd reported total assets of CNY 910 million and net assets of CNY 25.9 million. The deal has been approved by board of directors of GRG Banking Equipment Co., Ltd.