Shenzhen Emperor Technology Co., Ltd. agreed to acquire 7.8% stake in Shenzhen Lantaiyuan Information Technology Co., Ltd from Dou Junqiang for CNY 10.1 million.

Shenzhen Emperor Technology Co Ltd is a company mainly engaged in providing identification and intelligent management solutions. The Company's businesses include identification and intelligent applications, as well as smart transportation. The identification and intelligent application business is involved in providing customers with products and services to collect, produce, issue, verify, identify and authenticate identity information, including system software, intelligent equipment and terminal hardware. The smart transportation business focused on providing overall solutions for online and offline micro-electronic payments which are used in public transportation. Its products include urban card terminals and integrated circuit card readers.