Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co., Ltd. (SZSE:301289) agreed to acquire 29.65% stake in Anhui Yuce Cable Quality Inspection Technology Co., Ltd. from Anhui Yuce Cable Quality Inspection Technology Co., Ltd. for CNY 27.2231 million December 12, 2022. Shanghai National Center board approved the transaction. This transaction was approved by the State-owned Assets Supervision and Administration Commission of Wuhu.