Lishui Nancheng New District Investment And Development Co., Ltd. agreed to acquire Zhejiang Liwei Zhilian Technology Co., Ltd. from Harbin VITI Electronics Co., Ltd. (SHSE:603023) for CNY 5.4 million on December 28, 2023. The consideration consists of CNY 5.40 million in cash. Zhejiang Liwei Zhilian Technology Co., Ltd. reported total assets of CNY 9.7 million and net assets of CNY 5.17 million on October 31, 2023.

Harbin VITI Electronics Co., Ltd. board of directors approved the transaction and still pending the shareholders approval. As on January 8, 2024, Harbin VITI Electronics' shareholders approved the transaction.