Chen Hengke signed an agreement to acquire 5% stake in HPF Co.,Ltd (SZSE:300350) from Zhuhai Anci Hulian No. 8 Equity Investment Fund (limited partnership) for approximately CNY 130 million on April 27, 2021. Chen Hengke will acquire 23.84 million shares at CNY 5.6 per share. Chen Hengke completed acquisition of 5% stake in HPF Co.,Ltd (SZSE:300350) from Zhuhai Anci Hulian No. 8 Equity Investment Fund (limited partnership) on May 19, 2021.