Why did Joyson Electronics transfer Joyson Qunying?

1. The epidemic has caused financial pressure on Joyson Electronics.

2. In the end, the equity sold was exactly 51%, reaching the equity that the acquirer (Xiangshan Shares) can consolidate. Joyson Electronics, Ningbo Joyson Electronics Co., Ltd., headquartered in Ningbo, China, is one of China's outstanding fast-growing auto parts suppliers.