Tansun Technology Co., Ltd. (SZSE:300872) signed the share transfer agreement to acquire 40% stake in Xiamen Chuangyi Digital Technology Co., Ltd from Xiamen Yunxin Equity Investment Partnership Enterprise and Xiamen Henghui Equity Investment Partnership Enterprise for Approximately CNY 6 million on July 4, 2022. Tansun Technology Co., Ltd. will acquire 22.5% stake from Xiamen Yunxin Equity Investment and 17.5% stake from Xiamen Henghui Equity Investment. As of December 31, 2022 Xiamen Chuangyi Digital Technology reported total revenues of approximately CNY 5.8 million, Total assets of approximately CNY 13 million, Net income of approximately CNY 0.2 million and Total Common equity of approximately CNY 8.3 million.