Lucky Film Company Limited (SHSE:600135) agreed to acquire Lucky Optoelectronics Materials Co., Ltd. from China Lucky Group Corporation for CNY 283 million on July 17, 2023. This has been approved by the board of directors of Lucky Film Company Limited (SHSE:600135) and China Lucky Group Corporation and is subject to the Shareholders? Approval of Lucky Film Company Limited.

Lucky Optoelectronics Materials Co., Ltd. reported financial for the year ending December 31, 2022, total assets of CNY 274.57 million, net assets of CNY 212.92 million, operating revenue of CNY 226.38 million, and net profit of 37.86 million. As on December 8, 2023, Equity Transfer Agreement was signed.