Shandong Finance Investment Group Co., Ltd. signed Share Transfer Agreement to acquire 15% stake in Jinlei Technology Co., Ltd. (SZSE:300443) from Yi Tinglei on July 16, 2021. Yi Tinglei will transfer 39.263019 million shares to Shandong Finance Investment Group Co., Ltd. in 2 phases. Phase 1: Yi Tinglei will transfer 25.7 million shares, 9.81% stake, to Shandong Finance Investment Group Co., Ltd. at CNY 34.07 per share and Phase 2: Yi Tinglei will transfer 13.6 million shares, 5.19% stake, to Shandong Finance Investment Group Co., Ltd. For the second phase, the transaction price shall be negotiated and determined by both parties after the relevant shares meet the transfer conditions in accordance with relevant regulations.