Yang Chaowei agreed to acquire 2.01% stake in Yiwu Huading Nylon Co.,Ltd. (SHSE:601113) from Zou Chunyuan for CNY 65.780 million on August 3, 2022. Under the terms, Yang Chaowei will acquire 23 million shares at a price of CNY 2.86 per share. In a related party transaction, Tianjin Tongwei Investment Partnership Enterprise and Liao Xinhui will acquire iwu Huading Nylon Co.,Ltd. from Ma Xuan and Yang Chaowei in separate transactions.