Guangdong Yuncheng Investment Holding Co., Ltd. agreed to acquire additional 35% stake in Guangdong Wens Dairy Co., Ltd. from Wens Foodstuff Group Co., Ltd. (SZSE:300498) for approximately CNY 440 million on May 25, 2023. After the transfer, the Wens holdings will decrease from 64.57% to 29.57%. Guangdong Yuncheng Investment Holding Co., Ltd. holdings will increase from 7.45% to 42.45%.

For the period March 31, 2023, Wens Foodstuff had CNY 1563.3179 million of total assets and CNY 1113.8485 million of net assets.