Shengtengda (Tianjin) Science and Technology Development Co., Ltd. signed a share transfer agreement to acquire Younyi Electronics (Tianjin) Co., Ltd. from YOUNYI B&T Inc. for KRW 13.7 billion on August 2, 2023. As of December 31, 2022, Younyi Electronics (Tianjin) Co., Ltd. reported total assets of KRW 190 million, total debt of KRW 47.9 million and net income of KRW 1.7 million. The deal is expected to be completed on October 30, 2023.

Shengtengda (Tianjin) Science and Technology Development Co., Ltd. completed the acquisition of Younyi Electronics (Tianjin) Co., Ltd. from YOUNYI B&T Inc. on October 30, 2023.