Guangzhou Jiadu Group Co., Ltd. agreed to acquire 19.5% stakes in Guangzhou Panyu Huicheng Small-sum Loan Co., Ltd. from Pci Technology Group Co.,Ltd. (SHSE:600728) for CNY 225 million on June 30, 2022. As of June 30, 2022 Guangzhou Panyu Huicheng Small-sum Loan Co., Ltd. reported total assets and owner's equity of CNY 128 million and 127 millionThe transaction is subject to the approval of the relevant government authorities and approval of merger agreement by Guangzhou Panyu Huicheng Small-sum Loan Co., Ltd. board. As of August 5, 2022 Guangzhou Panyu Huicheng Small-sum Loan Co., Ltd. board approved the deal.