Landai Technology Group Corp., Ltd. (SZSE:002765) entered into an agreement to acquire additional 21% stake in Chongqing Gear Landai Auto Transmission Co., Ltd. from Beijing Gear Co., Ltd. for CNY 0.82 million on June 22, 2021. As of June 30, 2021, Chongqing Gear Landai had a total assets of CNY 17.87 million; total liabilities of CNY 15.11 million; net assets of CNY 2.76 million; operating income of CNY 0.37 million; and net profit of CNY -0.05 million.