FLJ Group Limited (NasdaqGM:FLJ) entered into an equity acquisition agreement to acquire 95% stake in Lianlian Holdings Inc for CNY 1.8 billion on September 29, 2023. The purchase price will consist of cash and newly issued Class A ordinary shares of the Company, the exact portion of which will be determined by the Company at the closing of the Acquisition. Transaction will be subject to regulatory approval.