Zhang Yifang agreed to acquire Nantong Shentong Property Co., Ltd. from Jiangsu Shentong Valve Co., Ltd. (SZSE:002438) for CNY 10.2 million on September 26, 2021. Nantong Shentong Property Co., Ltd. reported total assets of CNY 55.7 million and net assets of CNY 13.5 million as of June 30, 2021. The transaction was approved by the Board of Jiangsu Shentong Valve Co., Ltd.