Guizhou Guihang Automotive Components Co.,Ltd (SHSE:600523) agreed to acquire an additional 5.9% stake in Tianjin Daqi Air Conditioning Co., Ltd. from Wang Diansuo on November 30, 2020. Post- closing, the stake of Guizhou Guihang Automotive Components Co.,Ltd in Tianjin Daqi Air Conditioning Co., Ltd. will increase from 73.509% to 79.474%. The transaction has been approved in the 11th Meeting of the 6th Directorate of Guizhou Guihang Automotive Components Co.,Ltd.