Longnan Kelite Investment Management Center (Limited Partnership) agreed to acquire 5% stake in JINHUI LIQUOR Co.,Ltd. from Shanghai Yuyuan Tourist Mart Co., Ltd. for approximately CNY 700 million.

Longnan Kelite Investment Management Center (Limited Partnership) agreed to acquire 5% stake in JINHUI LIQUOR Co.,Ltd. (SHSE:603919) from Shanghai Yuyuan Tourist Mart (Group) Co., Ltd. (SHSE:600655) for approximately CNY 700 million on September 2, 2022.