Huaxing Yuanchuang: Intends to use 206 million yuan in cash to acquire a 39% equity stake in Pusaisi.

Hua Xing Yuan Chuang announcement, intends to use cash of 206 million RMB to acquire 39% equity of Wuhan Pusuise Electronic Co., Ltd. The company already held 12% of Pusuise's equity. After this transaction is completed, the company will hold 51% of Pusuise's equity, and Pusuise will be included in the company's consolidated financial statements and managed as a subsidiary.