Zhuhai Huafa Entity Industrial Investment Holdings Co., Ltd. agreed to acquire a 33.02% stake in Zhuhai Higrand Technology Co.,Ltd from Zhuhai Huajin Capital Co., Ltd. (SZSE:000532) for approximately CNY 130 million on September 15, 2022. Transaction has been approved by the Zhuhai Huajin Capital's board of director. For the period end June 30, 2022, Zhuhai Higrand had CNY 0.06080938 of total assets and CNY 0.01810429 of net assets.

Moore Stephens Da Hua acted as an accountant to Zhuhai Huajin Capital Co., Ltd.