Xinhua News Agency, June 9, Guangzhou-Harbin Communications announced that the company signed a "letter of intent for Equity transfer" to acquire a controlling stake in Guangdong Jitong Information Development Co., Ltd. by paying cash to Pingyun Capital, Chuantian Investment and Zili Investment. The specific equity acquisition ratio is between 40% and 60%, of which Pingyun Capital transfers all its shares in the underlying company, that is, 40%. The proportion of the rest of the transferred shares shall be specifically determined by the parties through consultation within the above scope. This transaction constitutes a major asset restructuring.