Shandong Private Joint Investment Holding Co., Ltd. agreed to acquire 5.11% stake in Shandong Rike Chemical Co.,LTD. (SZSE:300214) from Zhao Dongri, Bao Shilei and Zhang Mingbo for CNY 140 million on June 19, 2024. The transfer price per share of the stocks under the contract is CNY 6. Zhao Dongri intends to transfer 20.4 million shares, representing 4.39% of the total outstanding shares, Bao Shilei intends to transfer 1.7 million shares, representing 0.37% of the total outstanding shares and Zhang Mingbo intends to transfer 1.16 million shares, representing 0.25% of the total outstanding shares.