Luxshare Precision Industry Co., Ltd. (SZSE:002475) and Luxshare Limited signed a framework agreement to acquire 21.9% in Wistron InfoComm Manufacturing (Kunshan) Co., Ltd., 100% in Wistron Investment (Jiangsu) Co., Ltd and related businesses from Win Smart Co., Ltd. for CNY 3.3 billion on July 17, 2020. Luxshare Precision Industry Co., Ltd. (SZSE:002475) and Luxshare Limited signed a share purchase agreement to acquire 21.9% in Wistron InfoComm Manufacturing (Kunshan) Co., Ltd., 100% in Wistron Investment (Jiangsu) Co., Ltd and related businesses from Win Smart Co., Ltd. on November 12, 2020. The transaction value is tentatively set as CNY 3.3 billion, but the final transaction value will be adjusted based on the actual book value on the business transfer day. Luxshare Precision Industry Co., Ltd. and Luxshare Limited, through their designated party, will acquire 100% stake in Jiangsu Wistron and 21.88% stake in Kunshan Wistron. The deal will proceed to obtain the relevant authority approvals as required, with an estimated completion by the end of this year. On July 17, 2020, the Board of Directors of Luxshare Precision Industry Co., Ltd. approved the deal.