Beijing Kangda Shengjing Technology Co., Ltd. intends to acquire Chengdu Sine Science And Technology Co., Ltd. from Anhui Wantong Technology Co.,Ltd. (SZSE:002331) for approximately CNY 180 million on March 14, 2023. After the completion, Anhui Wantong Technology will no longer hold equity in Chengdu Sine Science And Technology. As per the terms of payment, The first transfer payment of CNY 71,324,480 million: On the fifth day after the completion of the industrial and commercial change registration procedures mentioned in the agreement, Beijing Kangda Shengjing Technology shall pay Anhui Wantong Technology the first transfer payment of CNY 71.32448 million, of which, the part of CNY 10 million shall be paid by Beijing Kangda Shengjing Technology according to the agreement.

The transaction margin paid will be automatically converted, and the remaining CNY 61.3245 million will be paid by Beijing Kangda Shengjing Technology to Anhui Wantong Technology's bank account in currency. The second transfer payment of CNY 106.98672 million: After confirming that the military industry qualifications of Chengdu Sine Science And Technology have returned to normal in a manner mutually recognized by both parties and before the later date of 365 days from the effective date of the agreement, Beijing Kangda Shengjing Technology shall transfer the second The term transfer payment of CNY 106.98672 million shall be paid to Anhui Wantong Technology's bank account. Chengdu Sine Science And Technology has reported total assets of CNY 230.9447 million, net assets of CNY 203.8228 million, Operating income of CNY 47.2307 million and net loss of CNY 66.9619 million on December 31, 2022.

The board of Anhui Wantong Technology has approved the deal on March 22, 2023 and still need to be submitted to the general meeting of shareholders for consideration.