D-Shine Strategic Emerging Industry No. 3 Private Securities Investment Fund, managed by Shanghai D-shine Investment Management Co., Ltd. signed a share transfer agreement to acquire a 5.2% stake in Suzhou Hycan Holdings Co., Ltd. (SZSE:002787) from Li Bingxing for approximately CNY 110 million on August 4, 2023. Under the terms, Shanghai D-shine Investment Management will acquire 16,431,500 shares at the price of CNY 6.96 per share.