HID Global SAS agreed to acquire Invengo Technologies SARL from Invengo Information Technology Co., Ltd (SZSE:002161) for approximately €1.1 million (approximately CNY 8.5 million) on March 1, 2021. Both parties intend to sign the Equity Purchase Agreement. For the year ended December 31, 2020, Invengo Technologies SARL reported total assets of CNY 82 million, net assets of CNY 82.2 million, revenues of CNY 82.2 million and net loss of CNY 13.3 million. The transaction has been approved in the 21st meeting of the 6th Board of Directors of Invengo Information Technology Co., Ltd, held on March 1, 2021. This matter does not need to be submitted to the shareholders meeting of Invengo Information Technology Co., Ltd for deliberation. The acquisition will be neutral to EPS from the start. HID Global SAS completed the acquisition of Invengo Technologies SARL from Invengo Information Technology Co., Ltd (SZSE:002161) on March 2, 2021. Post-closing, Invengo Technologies SARL is now part of HID’s Identification Technologies Business Area led by Marc Bielmann, Senior Vice President and Head of Identification Technologies. As of July 10, 2021, the consideration is finally decided to be €0.77 million (approximately CNY 6 million ) which is 20% less from the original estimated price, as the net debt of Invengo Technologies SARL was increased by €0.37 million. Therefore, the company resubmitted the transaction price of this transaction to the board of directors for deliberation, and asked the chairman to handle relevant business, handle relevant procedures and sign relevant legal documents on behalf of the company.