Changsha Haizhou Electric Co., Ltd. agreed to acquire 51% stake in Jiangsu Ruining Intelligent Technology Co., Ltd. from Changshu Guorui Technology Co.,Ltd. (SZSE:300600) for CNY 0.41 million on December 19, 2023. The consideration consists of CNY 0.413 million in cash. As part of the consideration, CNY 0.413 million was paid towards common equity.

The sale was approved by the Board of Directors of Changshu Guorui Technology.