Jinhua Chunguang Technology Co.Ltd(603657) plans to acquire the remaining 45% equity of Suzhou shangteng with RMB 115 million

Jinhua Chunguang Technology Co.Ltd(603657) announced that the company plans to acquire 45% equity of Suzhou shangteng, a holding subsidiary, for RMB 115 million. After the completion of this equity acquisition, the proportion of equity held by the company in Suzhou shangteng will increase from 55% to 100%. The scope of the company’s consolidated statements will not change due to this equity acquisition.