Lai Xingyu signed the share transfer agreement to acquire 2.16% stake in Shanghai Metersbonwe Fashion and Accessories Co., Ltd. (SZSE:002269) from Shanghai Huafu Investment Ltd. for CNY 57.5 million on January 26, 2021. Under the transaction, Shanghai Huafu Investment Ltd. will transfer 54.3 million shares in Shanghai Metersbonwe Fashion and Accessories Co., Ltd. at a price of CNY 1.06 per share.