Qi Xuexia signed a share transfer agreement to acquire a 5% stake in Shenzhen Riland Industry Group Co., Ltd (SZSE:300154) from Qiu Guang for CNY 94.25 million on October 11, 2022. Transfer price will be paid within 180 working days after obtaining the confirmation document of the transfer of the subject shares from Shenzhen Stock Exchange and completing the transfer. The total number of shares to be acquired is 22,764,800.