Sinoma Science & Technology Co.,Ltd. (SZSE:002080) agreed to acquire additional 10.32% stake in Sinoma Lithium Film Co., Ltd. from Changyuan (Shenzhen) New Energy Automobile Industry Phase II Partnership Enterprise (L.P.) for CNY 700 million on August 26, 2022. After the transaction, Sinoma Science & Technology Co.,Ltd. will hold 69.75% and Changyuan (Shenzhen) New Energy Automobile Industry Phase II Partnership Enterprise (L.P.) will hold 8.06% stake in Sinoma Lithium Film Co., Ltd. As on June 30, 2022, Sinoma Lithium Film Co., Ltd. generated total assets of CNY 6.6 billion and net assets of CNY 2.9 billion. The transaction is approved by board of directors of Changyuan Technology Group Ltd.