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According to the micro-network news (text / Lee), Xinwangda announced that the company acquired a 49% stake in Dongguan Liwei Energy Technology Co., Ltd. held by Lang Hongping with a cash of RMB 72.52 million. All the funds needed for the company's acquisition of equity came from the company's own and self-raised funds, and signed the "Acquisition Agreement" with Mr. Lang Hongping.

Dongguan Liwei Energy Technology Co., Ltd. mainly produces and consumes 3C batteries, which are widely used in mobile phones, notebook computers, intelligent hardware and other consumer 3C products. In addition to the original production base in Dongguan, Liwei has now completed expansion in Huizhou Park. In 2017, Dongguan Liwei has entered the supply chain of some domestic high-end brand customer..