Zhuzhou Hongda Electronics Corp.,Ltd. (SZSE:300726) agreed to acquire 2% stake in Zhuzhou Hongda Inertial Tech Co., Ltd from fan ping for CNY 0.32 million on August 18, 2022. As of August 19, 2022 Zhuzhou Hongda Inertial Tech reported a Total assets of CNY 47.5943 million, EBIT of CNY 23.2594 million, Net Income of CNY 7.3881 million and Total Common equity of CNY 28.1372 million.