Sanlux Co.,Ltd (SZSE:002224) signed the share transfer agreement to acquire Zhejiang Jicheng Network Technology Co., Ltd. from Zhejiang Bei'enji Industrial Products Co., Ltd. for CNY 4.5 million on November 24, 2023. Sanlux will finance the transaction from its own funds. Zhejiang Jicheng Network reported total assets of CNY 29.2 million and net liabilities of CNY 15.2 million as on September 30, 2023.

The transaction was approved by the shareholders of Zhejiang Jicheng Network and by the Board of Directors of Sanlux.