Ni Guotao agreed to acquire 10% stake in New Hua Du Supercenter Co.,Ltd. (SZSE:002264) from a controlling shareholder on November 30, 2021. Post transaction controlling shareholders stake will reduce from 28.49% to 18.49%.

Ni Guotao completed the acquisition of 10% stake in New Hua Du Supercenter Co.,Ltd. (SZSE:002264) from a controlling shareholder on January 18, 2022.