Yangtze Optical Fibre And Cable Joint Stock Limited Company (SEHK : 6869) signed share transfer agreement to acquire a 4.5424% stake in Anhui Yangtze Advanced Semiconductor Co., Ltd. from Wuhu Haiwoying Technology Venture Capital Fund Partnership Enterprise (Limited Partnership) for approximately CNY 150 million on June 26, 2023. Anhui Yangtze Advanced Semiconductor had total assets, net assets, operating revenue and net profit of CNY 1.99 billion, CNY 1.82 billion, CNY 117.98 million and CNY -101.73 million, respectively, for the year ended December 31, 2022. The transaction has been approved in the 27th meeting of Yangtze Optical’s 3rd Directorate held on June 26, 2023, and do not need the shareholders’ approval.