Zhuhai Jiuzhou Blue Line Investment Holding Co., Ltd. agreed to acquire 40% stake in Aulong Shipbuilding Co., Ltd. from Jianglong Shipbuilding Co., Ltd. (SZSE:300589) for CNY 20 million on February 28, 2022. As on December 31, 2021, Aulong Shipbuilding had total assets of CNY 99.8237 million, EBIT of CNY 75.5878 million and Net income of CNY 5.1107 million.As on February 28, 2022, Board of directors approved the transaction.