GuangZhou LingWe Technology Co., Ltd. (SZSE:301373) agreed to acquire Hunan Jutu New Materials Co., Ltd. from Jutu Technology (Dongguan) Co., Ltd. for CNY 6.5 million on July 14, 2023. As of March 31, 2023, Hunan Jutu New Materials reported total assets of CNY 7.79 million, and Net Assets of CNY 6.26 million. The transaction is approved by the board of GuangZhou LingWe and does not need the Shareholders?

Approval.