Shanghai Mengniuya Business Consulting Partnership Enterprise (Limited Partnership) agreed to acquire an unknown stake in Shanghai Huidongyu Investment Center (L.P.)/Shanghai Jingdongyu Investment Center (L.P.) from Guirenniao Co., Ltd. (SHSE:603555) for CNY 20.7 million on October 21, 2022. Parties have signed the agreement on November 3, 2023. The consideration consists of CNY 20.72 million in cash.

Guirenniao Co., Ltd. board of directors approved the transaction,