Zhang Zengping, Huang Qingshi and Xu Congming agreed to acquire 6.01% stake in Zoje Resources Investment Co., Ltd. (SZSE:002021) from Ningbo Yuanxi Equity Investment Partnership (Limited Partnership) for CNY 74.3 million on October 14, 2021. Under the terms the offer price is CNY 1.8 per share. Zhang Zengping will pay CNY 24.84 million, Huang Qingshi will pay CNY 24.76 million and Xu Congming will pay CNY 24.78 million.

Post acquisition Zhang Zengping, Huang Qingshi and Xu Congming will hold 2.01%, 2% and 2% stake respectively and Ningbo Yuanxi Equity Investment Partnership (Limited Partnership) will hold 10.41% stake in Zoje Resources Investment Co., Ltd. As of October 26, 2021, Zhang Zengping completed acquisition of 2.01% stake. On November 5, 2021, Xu Congming completed the acquisition of 2.01% stake in the transaction.