Jingning Juxin Trading Co., Ltd. signed the share transfer agreement to acquire 16.4% stake in Zoje Resources Investment Co., Ltd. from Ningbo Yuanxi Equity Investment Partnership (Limited Partnership) for approximately CNY 560 million on January 31, 2019. As per the terms of transaction, Jingning Juxin Trading will acquire 112.9 million shares. Jingning Juxin Trading Co., Ltd. cancelled the acquisition of 16.4% stake in Zoje Resources Investment Co., Ltd. from Ningbo Yuanxi Equity Investment Partnership (Limited Partnership) on August 17, 2021.