Zhang Zhendong acquired 8.23% stake in Kairuide Holding Co., Ltd. (SZSE:002072) from Zhejiang Fifth Season Industrial Co., Ltd., on June 6, 2021. Pursuant to the terms of the acquisition, 14.4 million shares of Kairuide Holding Co., Ltd., were auctioned and Zhang Zhendong had paid the full price. After this change, Zhejiang Fifth Season Industrial Co., Ltd., won't hold more Kairuide Holding Co., Ltd., shares. Zhang Zhendong completed the acquisition of 8.23% stake in Kairuide Holding Co., Ltd. (SZSE:002072) from Zhejiang Fifth Season Industrial Co., Ltd., on June 6, 2021.