Hengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd. for CNY 760 million on December 30, 2022. For the period September 30, 2022, Jiangsu Hengtong Photoconductive had CNY 6183.106 of total assets and CNY 5722.89 million of Net assets.

Hengtong Optic-Electric Co., Ltd. (SHSE:600487) completed the acquisition of 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd. on January 30, 2023.