Cui Hongjun signed a Share Transfer Agreement to acquire 6.97% stake in Chengdu Xiling Power Science & Technology Incorporated Company (SZSE:300733) from Yu Yinglian for CNY 229.2 million on October 31, 2022. Total number of shares to acquired is 12 million at CNY19.10 per share. Transaction is subject to be reviewed and confirmed by the Shenzhen Stock Exchange and the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd.