Feng Guo signed a Share Transfer Agreement to acquire a 5% stake in Hiecise Precision Equipment Co.,Ltd. (SZSE:300809) from Liu Xiangxiong for approximately CNY 240 million on July 7, 2023. As part of the transaction, Feng Guo will acquire 12,608,800 shares at a price of CNY 19 per share.

Feng Guo completed the acquisition of 5% stake in Hiecise Precision Equipment Co.,Ltd. (SZSE:300809) from Liu Xiangxiong on November 23, 2023.