REDI Systems Engineering Inc. announced that it will receive not exceeding CNY 188,278,800 on September 13, 2022. The company will issue common shares in the transaction. The transaction will include participation from returning investor Tellhow Sci-Tech Co., Ltd. The transaction has been approved at the the 9th meeting of the 8th board of directors of the company. The transaction is still subject to approve Shanghai Stock Exchange and shareholders of the company.

On September 30, 2022, the company announced that there is a capital increase in the wholly owned subsidiary in the transaction.