Shenzhen SED Industry Co., Ltd. (SZSE:000032) agreed to acquire CEC (Wuhan) Digital Economy Industrial Park Development Co., Ltd. from CEC Digital Technology (Beijing) Technology Industry Development Co., Ltd. for CNY 35 million on August 5, 2022. Transaction as been approved by Board of directors of Shenzhen SED Industry Co., Ltd. CEC (Wuhan) Digital Economy Industrial Park Development generated the Total assets of CNY 157.7 million and Net Assets of CNY 13.5 million.