Foshan Shunde District Xinqi Enterprise Management Consulting Co., Ltd., won the bid to acquire 60% stake in Guangdong Yehui Steel Co., Ltd., from Europol Intelligent Network Co., Ltd., for approximately CNY 120 million on March 1, 2021. For the year period ended September 30, 2020, Guangdong Yehui Steel Co., Ltd., reported total assets of CNY 252.4 million and total owner’s equity of CNY 62.3 million.