Xuchang State-Owned Industry Investment Co., Ltd. agreed to acquire 9.36% stake in Henan Huanghe Whirlwind Co., Ltd. (SHSE:600172) from Henan Huanghe Industry Group Co., Ltd. for approximately CNY 480 million on September 15, 2023. As per the transaction, Xuchang State-Owned Industry Investment Co., Ltd. will acquire 135 million shares at CNY 3.52 per share. As of December 22, 2023, This share transfer still requires compliance confirmation from the Shanghai Stock Exchange and Shanghai Branch of China Securities Depository and Clearing Co., Ltd.