Hangzhou Hikvision Digital Technology Co., Ltd. (SZSE:002415) agreed to acquire Hangzhou Hikauto Technology Co., Ltd./ Wuhu Sensortech Intelligent Technology Co., Ltd for CNY 1.32 billion on March 28, 2023. Hangzhou Hikvision Digital will acquire its 60% stake in Hangzhou Hikauto Technology Co., Ltd. (hereafter Hikauto) priced at CNY 1078.8 million and 44.40% stake in Wuhu Sensortech Intelligent Technology Co., Ltd. for CNY 266.40 million. Transaction has been approved by Hangzhou Hikvision's board.