Yang Xianzhi agreed to acquire a 60% stake in Guangdong Creative Energy Service Co., Ltd. from Beijing Creative Distribution Automation Co., Ltd. (SZSE:002350) for CNY 1.8 million on October 18, 2022. Beijing Creative Distribution's board approved the transaction. For the Period August 31, 2022, Guangdong Creative Energy had CNY 6.15 million of total assets and CNY 3.06 million of net assets.

Post acquisition, Yang Xianzhi will hold 60% stake and Yang Xianzhi will holod 40% stake in Guangdong Creative Energy.