Junqi (Hainan) Investment Development Co., Ltd. agreed to acquire 93% stake in Hubei Hejia Packaging Technology Co., Ltd. from Tongyu Communication Inc. (SZSE:002792) for CNY 73.88 million on July 13, 2023. Hubei Hejia Packaging Technology Co., Ltd. reported total assets of CNY 36.88 million and net assets of CNY 30.58 million on June 30, 2023. Approved at the sixth meeting of the 5th Directorate on July 13, 2023.

Approved at the 5th meeting of the 5th Supervisory Board. This transaction still needs the approval of shareholders.