Sichuan Xinjinlu Group Co., Ltd. (SZSE:000510) signed a Share Transfer Agreement to acquire a 8.27% stake in Anhui Tianbing Electronic Technology Co., Ltd. from Jin Chengren for CNY 33.1 million recently. In a related transaction, Sichuan Xinjinlu Group signed a Share Transfer Agreement to acquire a 45.28% stake in Anhui Tianbing Electronic Technology Co., Ltd. from group of sellers for CNY 267.2 million. As of March 31, 2023, Anhui Tianbing Electronic reported Total Assets of CNY 416.6 million and Net Assets of CNY 204.05 million.