Chengdu Qushui Science and Technology Co., Ltd., Shihezi Shangshi Equity Investment Management Partnership (Limited Partnership) and Ningbo Jide Electrical Appliance Co., Ltd agreed to acquire 2.1289% stake in Shanghai Chunmi Electronic Technology Co., Ltd. from Pingtan Yingke Shengxin Venture Capital Partnership (Limited Partnership) for CNY 42.79 million on September 13, 2023. Shanghai Chunmi Electronic Technology Co., Ltd. reported total assets of 1.39 billion, net assets of CNY 496.06 million, operating income of CNY 1.82 million, and net income of CNY 42.6 million on December 31, 2023. Chengdu Qushui Science and Technology Co., Ltd. board of directors approved the transaction.