Zhongyuanfang Industrial (Shenzhen) Co., Ltd. signed an agreement to acquire 29.99% stake in Anhui Huangshan Capsule Co., Ltd. (SZSE:002817) from Yu Chunming for approximately CNY 130 million on March 14, 2021. Zhongyuanfang Industrial will acquire 44.2 million shares of Anhui Huangshan Capsule. Under the terms, Zhongyuanfang Industrial will pay CNY 130 million deposit of which paid CNY 30 million and CNY 10 million was paid on June 11, 2021. As of June 18, 2021, CNY 40 million was paid to Yu Chunming. As of July 2, 2021, Yu Chunming received a deposit of CNY 25 million. Yu Chunming has received a deposit of CNY 105 million in total till July 2, 2021. On July 21, 2021, Yu Chunming received a deposit of CNY 10 million. Up to now, Yu Chunming has received a deposit of CNY 115 million, he has not received the full deposit of CNY 130 million before June 30, 2021 as agreed in the agreement. Due diligence is completed.