XDC Industries (Shenzhen) Limited (SZSE:300615) agreed too acquire 25% stake in Suzhou Xintiansheng Technology Co., Ltd. from Suzhou Wuzhong District Hengyuexing Enterprise Management Partnership Enterprise(Limited Partnership on April 22, 2021. Post completion, Suzhou Xintiansheng Technology Co., Ltd will become the XDC Industries (Shenzhen) Limited wholly-owned grandson company. As of December 31, 2020, Suzhou Xintiansheng Technology Co., Ltd has total assets of 28.119700 million, total current assets are 18.4078 million, net assets are 6.8348 million, revenue of CNY ?172.0692? million and net profit of CNY -?27.3624? million. Transaction needs to be approved by the general meeting of shareholders. Transaction is approved by the Board of XDC Industries (Shenzhen) Limited on April 22, 2021.