Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709) agreed to acquire additional 23.7037% stake in Zhejiang Tianshuo Fluoride Silicon New Material Technology Co., Ltd. from Jiangsu Zhongrun Fluorine Chemical Technology Co., Ltd. for approximately CNY 180 million on December 11, 2021. As on November 30, 2021, Zhejiang Tianshuo Fluoride Silicon New Material Technology Co., Ltd. generated total assets of CNY 326.2 million, and net assets of CNY 215.4 million.