Xuanding Jinqiilin No. 5 Private Securities Investment Fund managed by Shanghai Xuanding Asset Management Co., Ltd. agreed to acquire 5.70% stake in Suzhou Hesheng Special Material Co., Ltd. (SZSE:002290) from Li Yunfei for CNY 160 million in December 4, 2023.

Xuanding Jinqiilin No. 5 Private Securities Investment Fund managed by Shanghai Xuanding Asset Management Co., Ltd. completed the acquisition of 5.70% stake in Suzhou Hesheng Special Material Co., Ltd. (SZSE:002290) from Li Yunfei on January 4, 2024.