Zhuzhou Century Fengyuan Intelligent Technology Co., Ltd. signed share transfer agreement to acquire additional 40.98185% stake in Spring Water Equipment Manufacturing Co., Ltd. from Canature Health Technology Co., Ltd. (SZSE:300272) for CNY 28.1 million on August 22, 2023. The transaction is approved by board of directors of Canature Health Technology Co., Ltd. As of June 30, 2023, Spring Water Equipment Manufacturing Co., Ltd. generated total assets of CNY 60.7 million and net assets of CNY 12.1 million.

Zhuzhou Century Fengyuan Intelligent Technology Co., Ltd. completed the acquisition of additional 40.98185% stake in Spring Water Equipment Manufacturing Co., Ltd. from Canature Health Technology Co., Ltd. (SZSE:300272) on September 20, 2023. In September 2023, Zhuzhou Fengyuan completed the first tranche equity transfer payment of CNY 3 million to the company in accordance with the Equity Transfer Agreement.