On April 1st, Weidi Share unveiled a summary of its draft report on a major asset acquisition, outlining plans to purchase, in cash, 100% of the equity in Jiangsu Zhiyue Tiancheng Enterprise Management Co., Ltd., as well as 44.8506% of the equity in Jiangsu Jiuxing Precision Technology Co., Ltd., for a total of 1,094,829,500 RMB.
