Guangzhou Baoxiang Investment Co., Ltd. agreed to acquire Guangzhou Panyu District Youli Toys Co., Ltd. from Guangdong Highsun Group Co.,Ltd. (SZSE:000861) for CNY 320 million on December 7, 2021. The transaction has been approved by the target board. As of September 30, 2021, Guangzhou Panyu District Youli Toys Co., Ltd. had total assets of CNY 209 million and net assets of CNY 171 million.