Hangzhou Wanhan Management Consulting Partnership (Limited Partnership) signed share Transfer Agreement to acquire 5% stake in Huada Automotive Technology Corp.,Ltd (SHSE:603358) from Chen Jinghong for approximately CNY 400 million on January 16, 2023.

Hangzhou Wanhan Management Consulting Partnership (Limited Partnership) completed the acquisition of 5% stake in Huada Automotive Technology Corp.,Ltd (SHSE:603358) from Chen Jinghong on July 4, 2023.