Xiao Yuanfei signed a share transfer agreement to acquire additional 30% stake in Shanghai Rihe Trade Co., Ltd. from Medicalsystem Biotechnology Co.,Ltd (SZSE:300439) for CNY 20 million on August 27, 2021. The consideration shall be paid within 30 days after the signing of the agreement. Post completion, Xiao Yuanfei stake in Shanghai Rihe Trade Co., Ltd. will increase from 40% to 70%. As of June 30, 2021, total asset and net asset of Shanghai Rihe Trade Co., Ltd. was CNY 94.2 million and CNY 66.5 million respectively.