Zhejiang Invest Equity Investment & Management Co., Ltd. signed a share transfer agreement to acquire a 5% stake in JDM JingDaMachine(Ningbo)Co.Ltd (SHSE:603088) from Ningbo Chengxing Holding Co., Ltd., Zheng Gong and Xu Jianfen for CNY 86.1 million on September 3, 2021. In the acquisition, Zhejiang Invest Equity Investment & Management Co., Ltd. will acquire 15.4 million shares at CNY 5.6 per share. Zhejiang Invest Equity Investment & Management Co., Ltd. will acquire 0.1% stake from Ningbo Chengxing Holding Co., Ltd., 4.35% stake from Xu Jianfen and 0.55% stake from Zheng Gong.