Beijing Jingdong Century Trading Co.,Ltd. agreed to acquire a 8.11% stake in Yonghui Superstores Co., Ltd. (SHSE:601933) from Jiangsu Jingdong Bangneng Investment Management Limited on September 13, 2022. Under the terms, Beijing Jingdong Century Trading Co.,Ltd. will acquire 736,437,197 shares of Yonghui Superstores. In a related transaction, Suqian Hanbang Investment Management Company Limited agreed to acquire 5.27% stake in Yonghui Superstores from Jiangsu Yuanzhou E-Commerce Co., Ltd. Transaction is subject to subject to the compliance review and confirmation of the Shanghai Stock Exchange

Beijing Jingdong Century Trading Co.,Ltd. completed the acquisition of a 8.11% stake in Yonghui Superstores Co., Ltd. (SHSE:601933) from Jiangsu Jingdong Bangneng Investment Management Limited on October 12, 2022.