Zhangzhou Hongfeng Agricultural Technology Co., Ltd. agreed to acquire a 51% stake in Fujian Aoxin Biotechnology Group Co., Ltd. from Fujian Aonong Biological Technology Group Incorporation Limited (SHSE:603363) for approximately CNY 750 million on September 13, 2023. The transaction is approved by board of directors of Fujian Aonong Biological Technology Group Incorporation Limited and is subject to its shareholders approval. As of November 16, 2023, Fujian Aonong Biological Technology Group Incorporation Limited shareholders approved the transaction at the Extraordinary Shareholders Meeting of 2023 held on November 15, 2023.