Liu Ke signed a share purchase agreement to acquire 5% stake in Bode Energy Equipment Co., Ltd (SZSE:300023) from Zhao Min for approximately CNY 130 million on July 5, 2021. As part of the agreement, Liu Ke will acquire 15.805338 million shares of Bode Energy. In related transactions, Luo Huizhong and Qian Xue signed two separate agreements to acquire 5% stake each from Zhao Min for CNY 129.48 million on July 5, 2021.

Liu Ke will pay the consideration with its own funds in installments or one-off payments to the receiving account designated by the seller. The transaction is expected to be effective on July 15, 2021.