Beijing Yilian Technology Co., Ltd. won an auction to acqure 35% stake in Zhongshuilian Technology Co., Ltd. from Ronglian Group Ltd. (SZSE:002642) for CNY 3.2 million on January 26, 2024. Beijing Yilian Technology Co., Ltd. agreed to acquire 35% stake in Zhongshuilian Technology Co., Ltd. from Ronglian Group Ltd. recently. The transaction was approved by the board of Ronglian Group.