Qiyuan Sixiang No. 10 Private Securities Investment Fund signed Share Transfer Agreement to acquire 5.24% stake in Qibu Co.,Ltd. (SHSE:603557) from Hong Kong Qibu International Group LImited for approximately CNY 150 million on May 13, 2021. As per terms of transaction, Hong Kong Qibu International Group LImited sold 26 million shares. One deposit of CNY 30 million shall be paid within 3 days after signing the agreement. The deposit can be offset against the transfer consideration. The transfer consideration will be paid in 2 installments, the first is to pay CNY 30 million within 3 working days from the completion date of the transfer of the underlying shares, and the second is to pay the remaining transfer consideration within 15 working days from the completion of the transfer of the underlying shares. Post completion, Qiyuan Sixiang No. 10 Private Securities Investment Fund will own 5.4% stake and Hong Kong Qibu International Group LImited will own 33.61% stake.