Pengcheng Wanli Value No. 2 Private Equity Securities Investment Fund, managed by Qianhai Pengcheng Wanli Capital Management (Shenzhen) Co., Ltd. agreed to acquire a 5% stake in Shenzhen Kingkey Smart Agriculture Times Co.,Ltd (SZSE:000048) from KINGKEY GROUP CO., LTD. for CNY 490 million on June 6, 2023. The transaction is subject to approval of Shenzhen Stock Exchange.