Guangzhou Anzhu Information Technology Co., Ltd. win the bid to acquire 51% stake in Aerospace Jingyi Information Technology Co., Ltd. from Beijing Aerospace Changfeng Co.,Ltd.

Beijing Aerospace Changfeng Co Ltd is a China-based company principally engaged in the provision of dual-use products. The Company primarily operates businesses through three segments. The Public Safety segment mainly provides public safety integration services and public safety-related software development services. The Military Electronics Business segment mainly produces and sells infrared detectors and related products, modular integrated power supplies, and Uninterruptible Power Supply (UPS)/ Emergency Power Supply (EPS) power supply products. The High-end Medical Equipment Industry segment mainly produces and sells medical devices and related products, as well as provides medical engineering services. The Company mainly conducts its businesses in the domestic market and overseas markets.