Gao Juan agreed to acquire 20% stake in Jiangsu Yangdian Precision Conductor Co., Ltd. from Jiangsu Yangdian Science & Technology Co. Ltd. (SZSE:301012) for CNY 6 million on October 11, 2023. Jiangsu Yangdian Precision Conductor Co., Ltd. erported total assets of CNY 25.70 million and net assets of CNY 24.71 million on September 30, 2023.

Jiangsu Yangdian Science & Technology Co. Ltd. board of directors approved the transaction.