Xu Quanxian signed a share transfer agreement to acquire 4.2% stake in Super Telecom Co.,Ltd (SHSE:603322) from Liang Jianhua for CNY 49.9 million on March 17, 2022. As per the terms, Xu Quanxian will acquire 6,750,000 shares at CNY 7.39 per share.

Xu Quanxian completed the acquisition of a 4.2% stake in Super Telecom Co.,Ltd (SHSE:603322) from Liang Jianhua on June 22, 2022.