Zhejiang Qingzhan Industrial Co., Ltd. agreed to acquire a 5% stake in Shanghai Yuyuan Tourist Mart (Group) Co., Ltd. (SHSE:600655) from Shanghai Fosun High Technology (Group) Co.,Ltd. for CNY 1.2 billion on September 30, 2022. Post acquisition, Shanghai Fosun High Technology (Group) Co.,Ltd. will hold 61.93% stake in Shanghai Yuyuan Tourist Mart.