Lin Gaochao agreed to acquire a 5% stake in Zhejiang Zhongjian Technology Co.,Ltd (SZSE : 002779) from Wang Weiwei for approximately CNY 150 million on December 16, 2022. Post acquisition, Wang Weiwei holds 4.19% stake in Zhejiang Zhongjian.

Lin Gaochao completed the acquisition of a 5% stake in Zhejiang Zhongjian Technology Co.,Ltd (SZSE:002779) from Wang Weiwei on January 10, 2023.