Hangzhou Biyang Information Technology Co., Ltd. agreed to acquire 81% stake in Infinova (Hangzhou) Information System Technology Co., Ltd. from Shenzhen Infinova Limited (SZSE:002528) for CNY210 million on December 8, 2023. The company held the 6th meeting of the 6th board of directors and the 6th meeting of the 6th board of supervisors on December 8, 2023, which reviewed and approved the proposal on selling 81% equity of Infinova (Hangzhou) Information System Technology Co., Ltd. and signing relevant agreements.