Shenzhen Lavender Enterprise Management Partnership (Limited Partnership) signed an agreement to acquire a 5% stake in Wuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd. (SHSE:603090) from Niu Yuxia for CNY 110 million on March 31, 2022. Shenzhen Lavender Enterprise Management Partnership will acquire 5,000,000 shares at CNY 22 per share.

Shenzhen Lavender Enterprise Management Partnership (Limited Partnership) completed the acquisition of a 5% stake in Wuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd. (SHSE : 603090) from Niu Yuxia on May 11, 2022.