Sichuan Xinjinlu Group Co., Ltd. entered into an agreement to acquire 45.28% stake in Anhui Tianbing Electronic Technology Co., Ltd. from Cai Yu, Jiang Chuan, Zhang Dongxiang and and Wuhu Tianying Chip Technology Services Center (Limited Partnership) for CNY 267 million.

Sichuan Xinjinlu Group Co., Ltd. (SZSE:000510) agreed to acquire 45.28% stake in Anhui Tianbing Electronic Technology Co., Ltd. from Cai Yu, Jiang Chuan, Zhang Dongxiang and and Wuhu Tianying Chip Technology Services Center (Limited Partnership) for CNY 267 million on June 22, 2023. For the period ended March 31, 2023, Total assets were of CNY 41.65 million and Net assets were CNY 20.41 million.