At 11 o 'clock on April 28, 2018, dongguan group praise electronic development co., LTD. (hereinafter referred to as the "dongguan group of praise") to control the Ye Yuji, Chen Shihui, Chen, Chen Ting gentleman and Chen Kairui, dongguan group of praise, dongguan times Ming, general manager of industrial investment partnership (limited partnership) is a general partner dade equal access Wang Zixin material, and with the Wang Zixin material signed investment agreements about dongguan group of praise.Wang jun, chairman and President of wang zixin material, attended the signing ceremony with wang zixin material management staff.All parties had in-depth exchange of views on dongguan qunzan investment cooperation and indicated that they would continue to actively push forward the progress of various work.

Dongguan qunzan is a professional ODM manufacturer specializing in small power battery, energy storage battery, mobile power supply and wireless charging equipment.According to the third session of the board of directors meeting, 29 Wang Zixin material in RMB $20.4 million acquisition of dongguan group of 51% stake, and the capital increase of 12.75 million yuan, marked the Wang Zixin into energy storage battery, mobile power and, in the field of wireless charging equipment is helpful to enhance the profitability and competitiveness of Wang Zixin material, new profit growth point for Wang Zixin material!