Shenzhen Phoenix Telecom Technology Co., Ltd. (SZSE:301191) entered into an agreement to acquire Wuhan Zhiyuan Technology Co., Ltd. from Chen Jinyang and Hu Shaohua for CNY 0 on July 25, 2022. For the period ended June 30, 2022, Total Assets were of CNY 2.4 million and Total Common Equity was CNY -0.8 million.

Shenzhen Phoenix Telecom Technology Co., Ltd. (SZSE:301191) completed the acquisition of Wuhan Zhiyuan Technology Co., Ltd. from Chen Jinyang and Hu Shaohua on September 16, 2022.