Hubei Jiaotou CICC Ruizhi Venture Capital Fund Partnership Enterprise (L.P.), managed by CICC Capital Management Co., Ltd. agreed to acquire a stake in Guangzhou Die and Mould Manufacturing Co., Ltd. from Suzhou Victory Precision Manufacture Co., Ltd.

Suzhou Victory Precision Manufacture Co., Ltd. is a China-based company, principally engaged in traditional manufacturing, intelligent manufacturing and new energy business. The Company's products and services include metal structure modules, plastic structural modules, cover glass, anti-reflective coating, intelligent manufacturing solutions integration and equipment, lithium battery wet diaphragm and intelligent vehicles. The Company distributes its products within domestic market and to overseas markets.