Xiamen Yi Yue Property Company Limited agreed to acquire 30% stake in Tiancheng Huarui Decoration Co., Ltd from Holsin Engineering Consulting Group Co.,Ltd. (SHSE:603909) and Xiamen Holsin Water Transportation Engineering Consulting Co., Ltd for CNY 36.5 million on April 1, 2022. Within 10 working days after the formalities, sellers will transfer 25% and 5% of the equity of the target company held by them. Within 1 working day before the completion of the industrial and commercial change registration procedures for this equity transfer, buyer shall pay the equity transfer price.

The transaction has been reviewed and approved by the Holsin Engineering Consulting Group Co.,Ltd. board of directors, and still needs to be submitted to the company's general meeting of shareholders for consideration.