Deyang Commercial Investment Group Co., Ltd signed a share transfer agreement to acquire 12.2% stake in Xiamen Jihong Technology Co., Ltd. (SZSE:002803) from Zhuang Hao, Zhuang Shu, He Jingying, Zhang Heping and Tibet Yongyue Shichao Enterprise Management Co., Ltd for approximately CNY 920 million on November 29, 2021. Under the terms of transaction, Deyang Commercial will acquire 47,293,045 shares of Xiamen Jihong Technology at price of CNY 19.35 per share.