Will Yichang Su Peng Technology Co., Ltd. be acquired by Xingfa?

Yichang Su Peng Technology Co., Ltd. will not be acquired by Xingfa. As of June 5, 2023, Yichang Su Peng Technology Co., Ltd. has not been acquired by Xingfa Group. Yichang Su Peng Technology Co., Ltd. is an innovative enterprise focusing on smart home products, mainly engaged in product development and sales in the field of smart home and household appliances. Xingfa Group, on the other hand, is an enterprise group with real estate as its main business, and their business scope and emphasis are quite different. Therefore, there is no reliable information for reference whether Yichang Su Peng Technology Co., Ltd. was acquired by Xingfa Group. If there are relevant official announcements or news, it is suggested that the official channels shall prevail.