Yang Jianbo, Yao Meijun and Shanghai Yongyi Fire Technology Co., Ltd. agreed to acquire 51% stake in Anhua Intelligent Technology Co.,Ltd from Wanma Technology Co., Ltd. (SZSE:300698) for CNY 62.75 million on May 30, 2022. The transfer price shall be paid in four instalments. After the transaction, Yang Jianbo's stake in the target will increase from 31.04% to 42.04%; Yao Meijun's stake in the target will increase from 12.34% to 22.34%; Shanghai Yongyi Fire Technology Co., Ltd.'s stake in the target will increase from 0% to 30%. On May 30, 2022, the 7th session of Wanma Technology Co., Ltd. (SZSE:300698) 3rd directorate approved the transaction. on June 20, 2022, in the first extraordinary general meeting of shareholders of Wanma Technology Co., Ltd, the transaction has been approved.