Zhong Xuezhi signed a share transfer agreement to acquire 2.95% stake in GuangYuYuan Chinese Herbal Medicine Co., Ltd. (SHSE:600771) from Xi'an Topsun Group Co., Ltd. for approximately CNY 220 million on April 22, 2021. Zhong Xuezhi shall acquire 14.5 million shares at CNY 14.936 in GuangYuYuan. As per the terms of the agreement, Zhong Xuezhi must pay CNY 108 million within 2 working days after the Shanghai Stock Exchange issues a confirmation opinion report and the remaining CNY 108 million the next day after all the application materials have been submitted for the delivery registration of the transfer. Zhong Xuezhi completed the acquisition of 2.95% stake in GuangYuYuan Chinese Herbal Medicine Co., Ltd. (SHSE:600771) from Xi'an Topsun Group Co., Ltd. on May 20, 2021.