Han Xiuxue signed share transfer agreement to acquire additional 2.85% stake in Lecron Industrial Development Group Co., Ltd. (SZSE:300343) from Li Hongguo for approximately CNY130 million on July 8, 2021. Han Xiuxue will acquire 33 million shares in Lecron Industrial Development Group Co., Ltd. for CNY 3.87 per share. Post acquisition, Han Xiuxue stake in Lecron Industrial Development Group Co., Ltd will increase from 0.32% to 3.17% and Li Hongguo stake will decrease from 14.56% to 11.71%.