Ren Qifeng signed the share transfer agreement to acquire 20.3% stake in Jinzi Ham Co.,Ltd. (SZSE:002515) from Anji Bama Enterprise Management Partnership Enterprise (Limited Partnership) for approximately CNY 990 million on August 27, 2021. Under the term of the transaction, Ren Qifeng acquire 198.63 million shares at a transfer price of CNY 5 per share. Within two (2) working days from the date of signing this agreement (excluding the same day, the same below), Ren Qifeng shall pay CNY 100 million as a deposit, which shall be paid to a joint account opened in the name of the subject designated by the seller and confirmed by both parties. Parties signed the revised share transfer agreement on October 11, 2021.

Ren Qifeng completed the acquisition of 20.3% stake in Jinzi Ham Co.,Ltd. (SZSE:002515) from Anji Bama Enterprise Management Partnership Enterprise (Limited Partnership) on November 15, 2021.