Ningbo Haosheng Enterprise Management Partnership (Limited Partnership) agreed to acquire 5.835% stake in Hangzhou Xinguang Liumei Network Technology Co., Ltd. from Zhejiang Talent Television and Film Co., Ltd. (SZSE:300426) for CN 4.07 million on July 14, 2021. As of March 31, 2021, Hangzhou Xinguang Liumei Network Technology reported total assets of CNY 17.24 million and owner's equity of -25.9 million.