China Electronics Technology Group Corporation(hereinafter referred to as "CETC ", stock code: 600877) issued shares and cash payment to acquire assets and raise matching funds , which were  approved by the China Securities Regulatory Commission (CSRC) recently. Jia Yuan acted as the Legal Advisor for the transaction and provide high-quality legal services.

On April 30, 2021, CETC completed its gratuitous transfer of state-owned shares and the replacement of major assets, changing its controlling shareholder to CHONGQING Acoustic-optic-electronics Co., LTD.. The main business of CETC changed to the R&D, design and manufacture of silicon based analog semiconductor chips and their application products. This transaction is based on the previous asset replacement transaction, further acquisition of target company's minority equity. After the completion of this transaction, the target company changed to a wholly-owned subsidiary of CETC, which is conducive to strengthening the management control of CETC over the target company, consolidating the strength of CETC, and realizing the in-depth interest binding between CETC and the core employees of the target company, thus laying a solid foundation for development.

Jia Yuan acted as the  legal advisor in this major asset reorganization, participated in all aspects of the project and provided comprehensive legal services and solutions. The leading partner of Jia Yuan that provided professional legal services including Huang Guobao(Senior Partner) and Huang Na(Senior Partner), and other key members of the project team are Zhou Yazhou, Liu Lei, Deng Wanxin, Yan Cong, etc.