Yeong Hag Jo and Jose Manuel Tamasato Tokumura agreed to acquire BLT PERU S.A.C from Brilliant Elevator (singapore) Pte. Ltd. and Shenyang Yuanda Intellectual Industry Group Co.,Ltd for CNY 2.8 million ($0.403 million) on March 15, 2023. The transaction has been approved by Shenyang Yuanda Intellectual Industry Group Co., Ltd board of directors.

Within 7 days from the agreement signing, the Yeong Hag Jo and Jose Manuel Tamasato Tokumura will pay CNY 1.379726 million ($0.200 million). Before December 31, 2025, the Yeong Hag Jo and Jose Manuel Tamasato Tokumura will pay CNY 1..400422 million ($0.203 million). As of year ended December 31, 2022, BLT PERU S.A.C reported revenue of CNY 0.18 million, total assets of CNY 5.56 million, total common equity of CNY -4.1 million and EBIT of CNY -0.54 million.

As on August 1, 2023, Yeong Hag Jo and Jose Manuel Tamasato Tokumura signed Share Transfer Agreement to acquire BLT PERU S.A.C from Brilliant Elevator (singapore) Pte. Ltd. and Shenyang Yuanda Intellectual Industry Group Co.,Ltd recently. Yeong Hag Jo and Jose Manuel Tamasato Tokumura paid the Company CNY 1.42 million.