LVJI TECH (01745.HK) announced that its wholly owned subsidiary, LVJI TECH Group, received the bid result notification from the Anhui Province Property Right Trading Center yesterday (19th), learning that it successfully won the bid for non-performing debts of three companies including Ningxia Shuandonggou, at a price of approximately 44.8 million yuan, through the Anhui Province Property Right Trading Center on the 17th of this month.

LVJI TECH believes that the acquisition is beneficial, as it can expand the group's full management operations in scenic areas and is also conducive to improving the conversion rate of online electronic guiding services in Northwest China. (js/k)

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