An unknown buyer acquired an unknown minority stake in Wuhan P&S Information Technology Co., Ltd. from Huaxia Life Insurance Co., Ltd.

Wuhan P&S Information Technology Co., Ltd. is principally engaged in the promotion and distribution of integrated circuits (ICs) and other electric components, as well as the provision of application services. The Company primarily provides microcontrollers, power management components, system management components, communication port components, signal amplification organizing components, discrete semiconductor components, digital potentiometer components, data transformation components, clock management components, analogue switch components, digital logical components, memory components, power drive components, passive components, as well as development tools, among others.