Wo Zhemin signed share transfer agreement to acquire 5.4% stake in Hangzhou Flariant Co., Ltd. (SHSE:605566) from Hangzhou Weiyu Investment Management Partnership Enterprise (L.P.), managed by Shaoxing Huaxia Lingtou Investment Management Co., Ltd., on October 31, 2022. As per the transaction, Wo Zhemin will acquire 7,196,883 shares for CNY 22.21 per share.