Fukang Development Holdings Co., Ltd. agreed to acquire 5.4885% stake in Qinghai Jintai Potash Fertilizer Co., Ltd. from Beijing Water Business Doctor Co., Ltd. (SZSE:300055) for CNY 274.425 million on May 8, 2023. This transaction has been reviewed and approved at the fifteenth meeting of the fifth session of the board of directors of the Beijing Water Business Doctor Co., Ltd.