Jouder Precision Industry (Kunshan) Co., Ltd. (SZSE:300549) agreed to acquire 20% stake in Qingdao DEXI Intelligent Equipment Co.,Ltd from Zhou Xiang for CNY 4 million on July 4,2022. After the completion of the change of industrial and commercial registration, Jouder Precision Industry (Kunshan) Co., Ltd. will directly hold 100% of the shares of Kunshan DEXI Intelligent Equipment Co.,Ltd. The transaction will be financed from it's own funds. In the 4th meeting of the Jouder Precision Industry's Board of Directors , the transaction has already received approval.

Jouder Precision Industry (Kunshan) Co., Ltd. (SZSE:300549) Completed the acquisition of 20% stake in Qingdao DEXI Intelligent Equipment Co.,Ltd from Zhou Xiang for CNY 4 million on August 1, 2022.