Hutong Chuangzhi No. 1 Private Equity Securities Investment Fund agreed to acquire a 5.2% stake in Wiscom System Co., Ltd. (SZSE:002090) from Jiangsu Jinzhi Group Co., Ltd. for approximately CNY 250 million on November 28, 2022. Under the terms, Hutong Chuangzhi No. 1 Private Equity will acquire 21.008 million of Wiscom System shares at a price of CNY 12 per share. Hutong Chuangzhi No. 1 Private Equity paid the first phase of the transfer fee as CNY 20 million on January 18, 2023.

Hutong Chuangzhi No. 1 Private Equity Securities Investment Fund completed the acquisition of 5.2% stake in Wiscom System Co., Ltd. (SZSE:002090) from Jiangsu Jinzhi Group Co., Ltd. on February 23, 2023.