Roiserv Lifestyle Services Co., Ltd. (SEHK:2146) entered into the Agreement to acquire 70% stake in Wanjia Smart Environment (Beijing) Co., Ltd. from Zhejiang Rongsheng Holding Group Co.,Ltd. for CNY 50.2 million on July 28, 2023. The consideration will be fully funded by the Net Proceeds raised by the Roiserv Lifestyle Services Co., Ltd. from the Global Offering.