Zhejiang Hongrun Holdings Co., Ltd. entered into an agreement to acquire 84.62% stake in Shanghai Hongrun Boyuan School Co., Ltd. from Hongrun Construction Group Co., Ltd. (SZSE:002062) for CNY 29.6 million on July 13, 2023. Hongrun Construction Group's board of directors approved the acquisition. As of December 31, 2023, - Shanghai Hongrun has Total assets of CNY 8.2468?

million, Net assets of -CNY 3.2297? million, Operating Revenue of CNY 0.9033 million, Operating Profit of CNY 0.0853 million and Net Profit of CNY 0.0636 million.