Chen Siwei agreed to acquire a 12% stake in Shenyang Cuihua Gold and Silver Jewelry Co., Ltd. (SZSE : 002731) from Shenzhen Cuiyi Investment Co., Ltd. for approximately CNY 430 million on June 16, 2022. Chen Siwei will pay CNY 13.86 cash per share for 30,738,720 shares of Shenyang Cuihua Gold and Silver Jewelry Co.