Zhuzhou Haisibi Technology Co., Ltd. signed a contract to acquire 70% stake in Hunan Fine High Intelligent Equipment Co., Ltd from Guangxi Bossco Environmental Protection Technology Co.,Ltd. (SZSE:300422) for CNY 21.4 million on September 23, 2021. As per terms, the deposit of CNY 4.28 million paid by the buyer will automatically be converted to the transaction price. Zhuzhou Haisibi Technology Co., Ltd. will pay 50% of the transaction price (including deposit) (CNY 10.71 million) to Beibu Gulf Equity Exchange Group?s designated account within 5 working days from contract effective date and remaining 50% within 45 working days. Zhuzhou Haisibi Technology Co., Ltd. was confirmed as a buyer on September 3, 2021. On September 7, 2021, Haisibi Technology and Beibu Gulf Equity Exchange Group signed the e-bidding transaction confirmation. As of March 31, 2021, total asset and net asset of Hunan Fine High Intelligent Equipment Co., Ltd was CNY 37.61 million and CNY 21.218 million respectively.