Nanchang Economic Development Zone Chinese Xushun Enterprise Management Partnership Enterprise agreed to acquire additional 5% stake in Qtone Education Group (Guangdong) Co.,Ltd (SZSE:300359) from Chen Chichang for CNY 161.5 million on November 6, 2023. This transaction still needs to obtain approval from the Shenzhen Stock Exchange in order to be able to process the transfer procedures in the China Securities Depository and Clearing Corporation Limited Shenzhen Branch.