Yang Xianzhi agreed to acquire a 60% stake in Guangdong Creative Energy Service Co., Ltd. from Beijing Creative Distribution Automation Co., Ltd. (SZSE:002350) for CNY 1.8 million on October 18, 2022. Beijing Creative Distribution's board approved the transaction. For the Period August 31, 2022, Guangdong Creative Energy had CNY 6.15 million of total assets and CNY 3.06 million of net assets. Post acquisition, Yang Xianzhi will hold 60% stake and Yang Xianzhi will holod 40% stake in Guangdong Creative Energy.

Yang Xianzhi completed the acquisition of 60% stake in Guangdong Creative Energy Service Co., Ltd. from Beijing Creative Distribution Automation Co., Ltd. (SZSE:002350) on November 23, 2022. Beijing Creative Distribution Automation has received all the equity transfer funds paid by Yang Xianzhi.