Liu Feida and Shi Huifang acquired a 6.25% stake in Guanfu Holding Co., Ltd. (SZSE:002102) from Wenzhou (Shanghai) Industrial Co., Ltd. on July 22, 2020. Both Liu Feida and Shi Huifang will acquire 82.25 million shares, representing 3.12% stake each in Guanfu. Post the completion of the transaction, Wenzhou will no longer hold equity in Guanfu. Liu Feida and Shi Huifang completed the acquisition of a 6.25% stake in Guanfu Holding Co., Ltd. (SZSE:002102) from Wenzhou (Shanghai) Industrial Co., Ltd. on July 22, 2020.