Jiangsu Etern Company Limited (SHSE:600105) agreed to acquire 45.05% stake in Beijing Etern Zhiyuan Network Technology Co., Ltd. from Jiangsu Etern Group Company Limited for approximately CNY 183 million on April 22, 2022. As on December 31, 2021, Beijing Etern Zhiyuan Network Technology reported the Total assets of CNY 261,304,500, Net asset of CNY 251,676,000, Revenue of CNY 63,215,500 and Net profit of CNY 13,947,600. As on April 22, 2022, Jiangsu Etern Company Limited's board of directors approved the deal. Transaction is still subject to Jiangsu Etern Company Limited's shareholders approval.