Dayou A-Tech Co.,Ltd (KOSE:A002880) agreed to acquire a 51% stake in WINIADAEWOO Microwave oven (Tianjin) Co., Ltd. for KRW 22 billion on December 23, 2019. As a result, Dayou will own 51% stake in WINIADAEWOO Microwave. As of the end of year 2018, WINIADAEWOO had total assets worth KRW 103.5 billion, sales of KRW 163.5 billion, net income of KRW 2.5 billion. The transaction was resolved by the board of Dayou A-Tech on December 23, 2019. The transaction will close on December 27, 2019.