Beijing Zhouyu Energy Technology Co., Ltd. signed the share transfer agreement to acquire a 5% stake in Hunan Jingfeng Pharmaceutical Co.,Ltd. (SZSE:000908) from Ye Xiangwu, Ye Gaojing, and Ye Xianglun for approximately CNY 220 million on October 12, 2021. As part of the transaction, Ye Xiangwu will transfer 9,244,465 shares, Ye Gaojing will transfer 33,918,998 shares, Ye Xianglun will transfer 825,255 shares. Within 5 working days after the signing of the agreement, Beijing Zhouyu Energy Technology Co., Ltd. must pay CNY 65 million and remaining CNY 154.9 million shall be paid within 5 working days after Beijing Zhouyu Energy Technology Co., Ltd. completes the recovery of the loan to Hunan Jingfeng Pharmaceutical.

Hunan Jingfeng Pharmaceutical's actual owner will change to Xu Huanxia after the transaction.