Rongbai Technology announced that the company plans to use 342 million yuan of its own capital to acquire 54.9688% of Guizhou Xinren's shares and use its own capital of 140 million yuan to increase the capital of Guizhou Xinren. Prior to this transaction, the company did not hold shares in Guizhou Xinren. After the transaction is completed, the company will hold 93.2034% of Guizhou Xinren's shares. Guizhou Xinren became the company's holding subsidiary and included in the scope of the company's consolidated statements.

Rongbai Technology announced that the company plans to use 342 million yuan of its own capital to acquire 54.9688% of Guizhou Xinren's shares and use its own capital of 140 million yuan to increase the capital of Guizhou Xinren. Prior to this transaction, the company did not hold shares in Guizhou Xinren. After the transaction is completed, the company will hold 93.2034% of Guizhou Xinren's shares. Guizhou Xinren became the company's holding subsidiary and included in the scope of the company's consolidated statements.