Zhitong Finance App News, Jinyi Technology (002869.SZ) announced that the company plans to acquire 12% of the shares of Shandong Express Xinlian Payment Co., Ltd. (hereinafter referred to as “Xinlian Payment” or the “target company”) in cash for 21.6 million yuan (RMB, the same below). After the transaction is completed, the company's shareholding in Xinlian Pay will increase from 23.00% to 35.00%. Xinlian Pay is still a participating company of the company and will not be included in the scope of the company's consolidated statements.

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