Liangyuan Yurun No. 1 Private Securities Investment Fund, managed by Shanghai Liangyuan Asset Management Co., Ltd. agreed to acquire a 4.6% stake in Shen Zhen Shengxunda Technology Co.,Ltd from Chen Yongrui for approximately CNY 210 million.

Liangyuan Yurun No. 1 Private Securities Investment Fund, managed by Shanghai Liangyuan Asset Management Co., Ltd. agreed to acquire a 4.6% stake in Shen Zhen Shengxunda Technology Co.,Ltd (SZSE:300518) from Chen Yongrui for approximately CNY 210 million on July 7, 2022. 4,680,067 shares will acquire at CNY 45.05 per share.