According to CoinMeta, Hanbo High-Tech announced that the company intends to acquire 27.7273% of the equity in Xindongjin for 122 million yuan, increasing its shareholding from 45.4545% to 73.1818%. The specific transactions include: acquiring 10% of the equity in Hefei Xindongjin New Material Technology Co., Ltd. held by Hanbo Holdings for 36.2282 million yuan, acquiring 6.8182% of the equity in Xindongjin held by Beijing Xindongjin for 33 million yuan, and acquiring 10.9091% of the equity in Xindongjin held by Hainan Xindongjin for 52.8 million yuan. After the completion of the transactions, Xindongjin will become a controlled subsidiary of the company and will be included in the consolidated financial statements. This transaction still needs to be submitted to the company's shareholders' meeting for review.