Client Service International, Inc. agreed to acquire remaining 49% stake in Shenzhen Ningze Financial Technology Co., Ltd. from group of sellers for approximately CNY 110 million.

Client Service International, Inc. (SZSE:300663) agreed to acquire remaining 49% stake in Shenzhen Ningze Financial Technology Co., Ltd. from group of sellers for approximately CNY 110 million on December 27, 2022. Group of sellers include, Ma'anshan Zebao Enterprise Management Partnership Enterprise (Limited Partnership), Zhangjiajie Jinze Enterprise Management Partnership Enterprise (Limited Partnership), Guizhou Xize Information Technology Center (Limited Partnership), Shenzhen Junsheng Xiangshi Equity Investment Fund Partnership Enterprise (Limited Partnership), Zhangjiajie Yinze Enterprise Management Partnership Enterprise (Limited Partnership) and Shenzhen Junsheng Dingshi Venture Capital Enterprise (Limited Partnership). Transaction has been approved by Client Service's board.

For the period September 30, 2022, Shenzhen Ningze had CNY 71.8531 million of total assets and CNY 63.1777 million of net assets.