Guangzhou Kingteller Technology Co.,Ltd. (SZSE:002177) entered into a framework agreement to acquire 51% stake in Wuxi Micro Research Co., Ltd. from Cao Yan, Xie Xinyuan, Hu Guanyu, Wuxi Weiyan Hexing Investment Partnership (Limited Partnership), Wuxi Haimingda Investment Co., Ltd. and Gaosheng Investment Co., Ltd. on June 4, 2023. For the year ended December 2022, Total Assets were of CNY 417 million, Net Assets were of CNY 240 million, Revenue was of CNY 228 million, Operating Profit was of CNY 31 million and Net Profit was of CNY 34 million.