Shenzhen Das Intellitech Co., Ltd. (SZSE:002421) agreed to acquire Hefei Das Digital Technology Co., Ltd. from Liu Bang, Liu Ang, Chu Qingxi and Shenzhen Das Equity Investment Development Co., Ltd. for CNY 160 million on September 9, 2021. The consideration shall be payable by June 30, 2022 in two installments. As of July 31, 2021, Hefei Das Digital Technology Co., Ltd. has reported total assets of CNY 56.44 million and net assets of CNY 55.16 million. The transaction is subject to obtaining approval from shareholders of Shenzhen Das Intellitech Co., Ltd. while its Board of Directors has approved the transaction.

Shenzhen Das Intellitech Co., Ltd. (SZSE:002421) cancelled the acquisition of Hefei Das Digital Technology Co., Ltd from Shenzhen Das Equity Investment Development Co., Ltd. on March 29, 2022.