Dawning Information Industry Co., Ltd. (SHSE:603019) intends to acquire 25% stake in Golaxy Data Technology Co., Ltd. from Suzhou Jinfu Technology Co., Ltd. (SZSE:300128) for CNY 90.8 million on June 7, 2021. As per the terms of the agreement, Dawning Information Industry Co., Ltd. shall pay 50% of the total consideration or CNY 45.42 million within 5 working days from the date when the agreement becomes effective and the remaining CNY 45.42 million within five working days from the date when Golaxy Data Technology Co., Ltd. completes the filing procedures for industrial and commercial changes related to the share transfer. As a result of the transaction, Suzhou Jinfu Technology Co., Ltd. will no longer hold any stake in Golaxy Data Technology Co., Ltd. In March 31, 2021, Golaxy Data Technology Co., Ltd. reported a total assets of CNY 123 million, negative net income of CNY 27.2 million, total common equity of CNY 68.9 million and EBIT of CNY 0.40 million.