GHT Co.,Ltd (SZSE:300711) signed Letter of Intent to acquire 20% stake in Guangdong Jitong Information Development Co., Ltd. from Guangdong Zijin Investment Partnership Enterprise (L.P.) and Guangzhou Chuitian Investment Holding Partnership Enterprise (L.P.) for CNY 19.6 million on June 8, 2023. As of October 20, 2023 GHT Co.,Ltd (SZSE:300711) signed Equity Acquisition Agreement to acquire 20% stake in Guangdong Jitong Information Development. Guangdong Jitong Information Development reported Total assets worth CNY 238.6 million and Total common equity of CNY 59.7 million on June 30, 2023.

Transaction has already been approved by GHT Co.,Ltd board of director's and is still subject to GHT Co.,Ltd 's shareholder approval.