Zhang Xinhua signed a share purchase agreement to acquire 5% stake in Zhanjiang Guolian Aquatic Products Co., Ltd. (SZSE:300094) from Xinyu Guotong Investment Management Co., Ltd. for approximately CNY 180 million on November 14, 2020. In the disposal, Xinyu Guotong Investment Management Co., Ltd. disposed of 45 million shares at a share price of CNY 3.9 per share. Within 3 working days after the Shenzhen Stock Exchange issued a confirmation letter for the transfer of shares, Zhang Xinhua shall pay 50% of the target share transfer price to Xinyu Guotong Investment Management Co., Ltd., which is CNY 89.65 million. Within 5 working days after the completion of the transfer of the target shares, Zhang Xinhua will pay to Xinyu Guotong Investment Management Co., Ltd. the remaining 50% of the transfer price of the target shares which is CNY 89.65 million.