Suzhou Hengmingda Electronic Technology Co., Ltd. (SZSE:002947) agreed to acquire additional 10% stake in Beijing Hengmingda Electronic Technology Co., Ltd. from Zhongke Ouhua (Beijing) Technology Co., Ltd. on March 14, 2023. The board of Suzhou Hengmingda Electronic Technology has approved the deal at 1st Meeting of Suzhou Hengmingda Electronic Technology's 3rd Directorate held on March 14, 2023, and does not need shareholders' approval.