Xi'an Tongji Yongle Commercial Operation Management Co., Ltd. agreed to acquire 39.285% of stake in Renrenle Commercial Group Co.,Ltd. (SZSE:002336) from Shenzhen Haoming Investment Co., Ltd., Shenzhen Renrenle Consulting Service Co., Ltd., He Jinming and Zhang Zheng for CNY 1 billion on August 8, 2022. As on January 12, 2023, Shenzhen Haoming Investment Co., Ltd. received CNY 354.84 million, Renrenle Consulting received CNY 93.13 million, He Jinming received CNY 78.58 million and Zhang Zheng received CNY 83.26 million as first installment.

Xi'an Tongji Yongle Commercial Operation Management Co., Ltd. completed the acquisition of a 39.285% of stake in Renrenle Commercial Group Co.,Ltd. (SZSE:002336) from Shenzhen Haoming Investment Co., Ltd., Shenzhen Renrenle Consulting Service Co., Ltd., He Jinming and Zhang Zheng on July 17, 2023.