On December 20, Gelonghui reported that China TransInfo Technology (002373.SZ) announced that, in view of the deep business synergy with the Vehicle Networking Fund, to seize the rapidly developing opportunities in the intelligent connected vehicle industry and expand growth paths, the company plans to acquire 0.1198 billion yuan of a 20% partnership share in the Vehicle Networking Fund held by the Peking Municipal Economic and Information Technology Bureau's Industrial Development Promotion Center (formerly the Peking Municipal Industrial and Information Technology Development Service Center) (referred to as the "Transferor"). After the acquisition, the company will hold a total of 39.98% of the partnership shares in the Vehicle Networking Fund and will assume the funding obligation of 49.56 million yuan for the unpaid capital contribution by the Transferor.