Xiang Yanzao signed the share transfer agreement to acquire 5.13% stake in Shenzhen Batian Ecotypic Engineering Co., Ltd. (SZSE:002170) from Huang Peizhao and Huang Linhua for approximately CNY 270 million on September 26, 2021. The three parties agree that within three months after obtaining the Shenzhen Stock Exchange’s confirmation document for the transfer of the target shares and completing the transfer, Xiang Yanzao shall pay the sellers' 20% of the transfer price. The remaining balance will be paid within one year.