Zhan Dong and Li Yong agreed to acquire a 12% stake in Chengdu Tangyuan Intelligent Control Technology Co., Ltd. from Chengdu Tangyuan Electric Co.,Ltd. (SZSE:300789), Ni Shaoquan and Luo Ruoyue on July 20, 2023. Chengdu Tangyuan Electric transfers 2% stake, Ni Shaoquan transfers 1% to Zhan Dong and Luo Ruoyue transfers 5% and 4% stake to Li Yong and Zhan Dong.