Shenzhen OALE Intelligent Industrial Co., Ltd. entered into an agreement to acquire additional 60% stake in Sichuan OALE Intelligent Technology Co., Ltd. from Shenzhen Dawei Innovation Technology Co., Ltd. (SZSE:002213) for CNY 38.52 million on December 28, 2022. The board of directors of Shenzhen Dawei Innovation Technology approved the transaction. Sichuan OALE Intelligent Technology recorded total assets of CNY 255.52 million and net assets of CNY 64.21 million as of October 31, 2022.

Shenzhen OALE Intelligent Industrial Co., Ltd. completed the acquisition of additional 60% stake in Sichuan OALE Intelligent Technology Co., Ltd. from Shenzhen Dawei Innovation Technology Co., Ltd. (SZSE:002213) for CNY 30.9 million on January 4, 2023.