Hefei Taihe Optoelectronic Technology Co., Ltd. (SHSE:603656) agreed to acquire 11% stake in Hefei Zhuohai Intelligent Technology Co., Ltd. from Wang Jincheng for CNY 33 million on April 8, 2022. As on December 31, 2021, Hefei Zhuohai Intelligent Technology Co., Ltd. generated the revenue of CNY 45,021,500, Total assets of CNY 71,502,100 and Net Profit CNY -10,404,900. Board of directors have approved the transaction. Within 20 days from the agreement effective date, the Company will make a one-time payment.?