Shenzhen Sunnypol Optoelectronics Co.,Ltd. (SZSE:002876) signed a share transfer agreement to acquire an additional 5.94% stake in Hefei Sunnypol Optoelectronics Technology Co., Ltd. from Hefei Longpuying Investment Partnership Enterprise (Limited Partnership) and Hefei Lipude Investment Partnership Enterprise (Limited Partnership) for CNY 47.8 million on April 25, 2022. Shenzhen Sunnypol Optoelectronics Co.,Ltd. will pay the transfer price within 1 month after the agreement signing and the Directorate approval date. Post-completion, Shenzhen Sunnypol Optoelectronics Co.,Ltd. will own 98.53% stake in Hefei Sunnypol Optoelectronics Technology Co., Ltd. Shenzhen Sunnypol Optoelectronics Co.,Ltd. will use its own funds of CNY 47.75 million for the acquisition. Hefei Sunnypol Optoelectronics Technology Co., Ltd. had total assets of CNY 1.5 billion, net assets of CNY 536.15 million, revenues of CNY 330.9 million, operating profit of CNY 67.29 million and net profit of CNY 53.67 million for the three months ended March 31, 2022. The Board of Shenzhen Sunnypol Optoelectronics Co.,Ltd. has approved the deal on April 25, 2022.