Shanghai Welltech Automation Co.,Ltd. (SZSE:002058) agreed to acquire Ningbo Zixin Technology Co., Ltd. for CNY 2.30 million on August 17, 2020. Shanghai Welltech Automation Co.,Ltd. (SZSE:002058) completed the acquisition of Ningbo Zixin Technology Co., Ltd. on September 18, 2020. Shanghai Welltech Automation Co.,Ltd. will use its own funds of CNY2.30 million to invest in Ningbo Zixin Technology Co., Ltd. The board of directors Shanghai Welltech Automation Co.,Ltd. approved the transaction.