Jiaozuo Dingjie Electromechanical Installation Co., Ltd. agreed to acquire Billions Financial Leasing (Guangzhou) Co., Ltd. from LB Group Co., Ltd. (SZSE:002601), Billions (Hong Kong) Corporation Limited and Shenzhen Furun Asset Management Co., Ltd. for CNY 318.42 million on December 29, 2022. The transaction was approved by 46th Meeting of the LB Group Co., Ltd. 7th Directorate. For the year ended, September 30, 2022, Billions Financial Leasing (Guangzhou) Co., Ltd. total asset is CNY 335.33 million and net asset is CNY 331.11 million.