Jinke Smart Services Group Co., Ltd. (SEHK:9666) agreed to acquire 10% stake in Shanghai Hotspot Catering Service Co., Ltd. from Gongqingcheng Suxiang Venture Capital Partnership on July 27, 2023. In related transactions, Jinke Smart Services Group Co., Ltd. (SEHK:9666) will acquire 20.552% stake in Shanghai Hotspot Catering Service Co., Ltd.. The total consideration for these transactions is CNY 114.79 million.

For the year ended December 2022, revenue was CNY 390.27 million, net loss was CNY 18.09 million, total assets were CNY 171 million and net assets were CNY 61.19 million.