Li Wanglong agreed to acquire 5.4% stake in Chengdu Yunda Technology Co., Ltd. (SZSE:300440) from Yunda Innovative (Chengdu) Investment Co., Ltd. for CNY 160 million on December 27, 2023. Li Wanglong shall pay 40% of the transaction price, which is CNY 63.64 million, within 10 trading days after Yunda Innovative (Chengdu) Investment Co., Ltd. obtains the share transfer confirmation document issued by the Shenzhen Stock Exchange. The remaining 60%, namely CNY 95.45 million will be paid within 12 months after both parties complete the share transfer.