Shanghai Guosheng Haitong Private Enterprise High-Quality Development Private Investment Fund Partnership Enterprise (Limited Partnership), managed by Shanghai Guosheng Capital Management Co., Ltd., signed the share transfer agreement to acquire 5.99% stake in Shenzhen TXD Technology Co., Ltd. from Wan Feng and Li Feng for approximately CNY 230 million.

Shenzhen TXD Technology Co.,Ltd. is principally engaged in research and development, manufacture and sales of small and medium sized liquid crystal display modules. The Company's products are mainly applied in mobile phones, tablet computers, digital cameras, instruments and apparatuses, and graphic display interfaces, among others. The Company distributes its products within the domestic market and to overseas market.