Zibo Yaojia Venture Capital Partnership (Limited Partnership) agreed to acquire 16% stake in Guangxi Love Pet Biological Technology Co., Ltd. from NanJing AoLian AE&EA Co.,Ltd (SZSE:300585) for CNY 80 million on May 9, 2022. Guangxi Love Pet Biological Technology Co., Ltd. had total assets of CNY 138.91 million and net assets of CNY 97.47 million as on March 31, 2022. As on May 9, 2022, the Board of NanJing AoLian AE&EA Co.,Ltd. has approved the deal.