Dongtian Weiwei: the subsidiary intends to buy no more than 70% stake in Wenbofei

[Dongtian Weibo: subsidiary intends to buy no more than 70% of Wenbofei] Financial Associated Press, June 15, Dongtian Weike, a wholly-owned subsidiary of Dongguan Weike, purchased no more than 70% of Suzhou Wenbofei Electronic Technology Co., Ltd. Held by Mu Qingyun with its own capital of not more than 28 million yuan (corresponding to registered capital of 3.5 million yuan). This transaction is divided into three phases. After all the transactions are completed, the target company will become the holding subsidiary of Dongguan Weike and will be included in the consolidated statement of the company.