Shen Zhen Shengxunda Technology Co.,Ltd (SZSE:300518) signed an equity acquisition agreement to acquire 80% stake in Lushi Yurui Technology Co., Ltd. from Jinan Junhua New Energy Technology Partnership (Limited Partnership) for CNY 8 million on November 24, 2022. Lushi Yurui Technology has reported total assets of CNY 78.5566 million and net assets of CNY -2.9731 million on December 31, 2021. The board of Shen Zhen Shengxunda Technology has approved the deal on November 24, 2022.