Weihai Guangwei Composites Co., Ltd. (SZSE:300699) agreed to acquire Beijing Lanke Yingsheng Aviation Technology Co., Ltd. from Xu Jian and Wang Shengze for approximately CNY 33 million on April 12, 2022. As on December 31, 2021, Beijing Lanke Yingsheng Aviation Technology had total assets of CNY 10,701,971.78, Owners equity of CNY 9,787,078.47, Revenue of CNY 3,835,705.7 and Net profit of CNY 634,924.07. On April 8, 2022, Weihai Guangwei Composites's board of directors approved the transaction.