Gu Bin acquired 2.24% stake in Qingdao Zhongzi Zhongcheng Group Co.,Ltd. (SZSE:300208) from Jia Quanchen for approximately CNY 150 million on July 20, 2021. Shares were acquired in auction. Gu Bin completed the acquisition of 2.24% stake in Qingdao Zhongzi Zhongcheng Group Co.,Ltd. (SZSE:300208) from Jia Quanchen on July 20, 2021.