Beijing Navigation Control Technology Co.,Ltd. (SHSE:688282) agreed to acquire Shijiazhuang Yuxun Electronics Co., Ltd. from Zhang Ye, Jiao Jianhui and Guan Fumin for CNY 76.5 million on March 12, 2024. The consideration consists of CNY 76.50 million in cash. As part of the consideration, CNY 76.50 million was paid towards common equity.

Shijiazhuang Yuxun reported total assets of CNY 115.2 million as on November 30, 2023.