Hunan Xiangcai New Materials Partnership (Limited Partnership) signed the Share Transfer Agreement to acquire 7.76% stake in Shenzhen Sunyes Electronic Manufacturing Holding Co., Ltd. (SZSE:002388) from Shenzhen Xinlida Electronics (Group) Co., Ltd. for approximately RMB 208 million on September 1, 2022. The transfer price of this share transfer is RMB 5.274 per share. The transaction is subject to the condition that the transfer of the shares has been reviewed and approved by the Shenzhen Stock Exchange.

Hunan Xiangcai New Materials Partnership (Limited Partnership) completed the acquisition of 7.76% stake in Shenzhen Sunyes Electronic Manufacturing Holding Co., Ltd. (SZSE:002388) from Shenzhen Xinlida Electronics (Group) Co., Ltd. on September 23, 2022.