Shaoxing Junhe Investment Co., Ltd. agreed to acquire a 20% stake in Heilongjiang Hagong Graphite Technology Co., Ltd. from Junhe Pumps Holding Co.,Ltd (SHSE:603617) for approximately CNY 370 million on April 11, 2023. Shaoxing Junhe Investment Co., Ltd. signed a share transfer agreement to acquire a 20% stake in Heilongjiang Hagong Graphite Technology Co., Ltd. from Junhe Pumps Holding Co.,Ltd (SHSE:603617) recently.