Triumph Science & Technology Co.,Ltd (SHSE:600552) entered into an agreement to acquire Triumph Quartz Material (Taihu) Co., Ltd. from CNBM Triumph Mineral Resources Group Co., Ltd. for CNY 104.1345 million on June 30, 2023. As of December 31, 2022, Triumph Quartz Material reported total assets of CNY 0.014 million, operating revenue of CNY 0.0083 million and net income of CNY 0.00021 million.