Guangdong Create Century Intelligent Equipment Group Corporation Limited (SZSE:300083) intent to acquire the remaining 21.01% stake in Shenzhen Create Century Machinery Co.,Ltd. from Shenzhen Create Century Machinery Co.,Ltd., Sichuan Gloport Investment Development Group Co.,Ltd, Xinjiang Glory Innovation Equity Investment Partnership (Limited Partnership), Anhui High-Tech Jintong Anyi Venture Capital Fund II (Limited Partnership) managed by Anhui Jintong Anyi Investment Management Partnership Enterprise (L.P.) and Shihezi Longhuahui Equity Investment Partnership Enterprise (Limited Partnership) managed by Ningbo Jiuge Equity Investment Management Partnership Enterprise (Limited Partnership) on September 15, 2021. The final specific plan and relevant terms of this transaction will be determined by the parties to the transaction signing a formal agreement to issue shares to purchase assets. Post acquistion, Shenzhen Create Century will become a wholly-owned subsidiary of Guangdong Create Century Intelligent Equipment Group Corporation Limited. Wang Changqing of CSC Financial Co., Ltd. (SEHK:6066) acted as financial advisor, Li Weidong of Guangdong Haipai Law Firm acted as legal advisor and Lu Shimin of Zhonghua Certified Public Accountants LLP acted as accountant to Guangdong Create Century Intelligent Equipment.