Tianjin Yunzhikang Technology Co., Ltd. agreed to acquire OSC Technologies LLC from Bringspring Science and Technology Co., Ltd. (SZSE:300290) for CNY 17 million on December 14, 2020. As per terms of transaction, within 5 days after the signing of this agreement, Tianjin Yunzhikang Technology Co., Ltd. shall pay to Bringspring Science and Technology Co., Ltd. 49.32% of the total amount of the equity transfer, which is CNY 8.4 million, second payment before December 31, 2020, of the total amount of the equity transfer, which is CNY 0.215502 million representing 1.27% of the total consideration and third payment within 180 days after the signing of this agreement the total amount of the equity transfer, which is CNY 8.4 million representing 49.41% stake. As on September 30, 2020, Tianjin Yunzhikang Technology Co., Ltd. reported net assets of CNY 10.4395 million and total assets of CNY 12.8265 million. Transaction is approved by the board OF Bringspring Science and Technology Co., Ltd.