Dongyang Dongke Digital Technology Co., Ltd. won an auction to acquire a 5.81% stake in Zhejiang Dongwang Times Technology Co., Ltd. from Guangsha Holding Group Co., Ltd. for approximately CNY 210 million.

Dongyang Dongke Digital Technology Co., Ltd. won an auction to acquire a 5.81% stake in Zhejiang Dongwang Times Technology Co., Ltd. (SHSE:600052) from Guangsha Holding Group Co., Ltd. for approximately CNY 210 million on July 8, 2023. Post transaction, Dongyang Dongke Digital will own 195,892,118 shares, accounting for 23.2% stake in Zhejiang Dongwang Times.