Zhang Jianfei agreed to acquire 5.57% stake in Yuancheng Environment Co., Ltd. (SHSE:603388) from Hangzhou Beijia Investment Co., Ltd. for CNY 160 million on December 17, 2023. The price of the transfer under this agreement is CNY 8.83 per share, and the total price of the share transfer is CNY 160.08 million. The transaction is subject to Shanghai Stock Exchange and China Securities Regulatory Commission approvals.