Yantai Tayho Advanced Materials Co., Ltd. (SZSE:002254) agreed to acquire 20.456% of stake in Yantai Bozhi Equity Investment Partnership Enterprise (Limited Partnership) from Yantai Boxin Investment Partnership Enterprise (Limited Partnership) for CNY 3.1 million on February 2, 2023. As of December 31, 2022, Yantai Bozhi Equity has a total assets of CNY 12.2 million, net assets of CNY 12.2 million and net profit CNY 500.