Suqian Hanbang Investment Management Company Limited agreed to acquire a 5.27% stake in Yonghui Superstores Co., Ltd. (SHSE:601933) from Jiangsu Yuanzhou E-Commerce Co., Ltd. on September 13, 2022. Under the terms, Suqian Hanbang Investment Management Company Limited will acquire 478,523,104 shares of Yonghui Superstores. In a related transaction, Beijing Jingdong Century Trading Co.,Ltd. agreed to acquire a 8.11% stake in Yonghui Superstores Co., Ltd. from Jiangsu Jingdong Bangneng Investment Management Limited. Transaction is subject to subject to the compliance review and confirmation of the Shanghai Stock Exchange.

Suqian Hanbang Investment Management Company Limited completed the acquisition of a 5.72% stake in Yonghui Superstores Co., Ltd. (SHSE:601933) from Jiangsu Yuanzhou E-Commerce Co., Ltd. on October 12, 2022.