Hebei Sinopack Electronic Technology Co.,Ltd. (SZSE:003031) agreed to acquire 94.60% stake in Beijing Advanced Semiconductor Innovation Co., Ltd. from The 13th Institute of China Electronics Technology Group Corporation, CETC Investment Holdings Co., Ltd., Digital Light Smart Technology Group Co., Ltd., Beijing Zhixin Interconnect Semiconductor Technology Co., Ltd., Beijing Capital Technology Development Group Co., Ltd., Beijing Shunyi Technology Innovation Group Co., Ltd., Zhongdianke Guotou (Tianjin) Venture Capital Partnership Enterprise (Limited Partnership) for approximately CNY 416.30 million on January 27, 2022. CITIC Securities Company Limited (SHSE:600030) and AVIC Securities Co.,Ltd. acted as financial advisor to Hebei Sinopack Electronic Technology Co.,Ltd. (SZSE:003031). Jiayuan Law acted as legal advisor and Moore Stephens Da Hua acted as accountant to Hebei Sinopack Electronic Technology Co.,Ltd. (SZSE:003031). For the year ended December 2022, Total Assets were of CNY 665 million, Net Assets were of CNY 255 million, Operating Revenue was of CNY 88 million and Net loss was of CNY 9 million. On June 20, 2023, the M&A and Reorganization Review Committee of the Shenzhen Stock Exchange held the 8th M&A and Reorganization Review Committee Review Meeting in 2023 and approved the transaction.

Hebei Sinopack Electronic Technology Co.,Ltd. (SZSE:003031) completed the acquisition of 94.60% stake in Beijing Advanced Semiconductor Innovation Co., Ltd. from The 13th Institute of China Electronics Technology Group Corporation, CETC Investment Holdings Co., Ltd., Digital Light Smart Technology Group Co., Ltd., Beijing Zhixin Interconnect Semiconductor Technology Co., Ltd., Beijing Capital Technology Development Group Co., Ltd., Beijing Shunyi Technology Innovation Group Co., Ltd., Zhongdianke Guotou (Tianjin) Venture Capital Partnership Enterprise (Limited Partnership) on August 14, 2023..