Ren Zhaoguo acquired 2% stake in Cre8 Direct (NingBo) Co., Ltd. (SZSE:300703) from Ningbo Beilun Heli Management Consulting Co., Ltd. for CNY 47.8 million on February 18, 2022. Post completion Ren Zhaoguo will increase shareholding from 8,100,000 shares to 11,756,500 shares, Ren Zhaoguo's stake in Cre8 Direct (NingBo) Co., Ltd from 4.43% to 6.43%.

Ren Zhaoguo completed the acquisition of 2% stake in Cre8 Direct (NingBo) Co., Ltd. (SZSE:300703) from Ningbo Beilun Heli Management Consulting Co., Ltd. on February 18, 2022