Kehua Data Co., Ltd. (SZSE:002335) intends to acquire remaining 60% stake in Shanghai Chengfan Cloud Computing Technology Co., Ltd. from Shanghai Suju Enterprise Management Center (Limited Partnership) for CNY 21.5 million on October 22, 2022. Post acquisition, Kehua Data Co., Ltd. holds 100% stake in Shanghai Chengfan. Kehua Data Co., Ltd. board approved the deal.

For the period September 30, 2022, Shanghai Chengfan had CNY 46.12 million of total assets and CNY 2.55 million of net assets.