Chen Liang agreed to acquire a 5.36% stake in Dasheng Times Cultural Investment Co., Ltd. (SHSE:600892) from Zhou Zhenke for approximately CNY 170 million on May 12, 2023. Under the terms, Chen Liang will acquire 30 million shares at a price of CNY 5.68 per share in cash.

Chen Liang completed the acquisition of 5.36% stake in Dasheng Times Cultural Investment Co., Ltd. (SHSE:600892) from Zhou Zhenke on June 8, 2023.