Hongji Tiancheng Optimal No. 6 Private Securities Investment Fund managed by Shenzhen Hongji Tiancheng Investment Management Co., Ltd. signed an agreement to acquire 5.1% stake in Wuxi Huadong Heavy Machinery Co., Ltd. (SZSE:002685) from Wuxi Huadong Heavy Machinery Technology Group Co., Ltd. for approximately CNY 210 million on June 15, 2021. Under the terms, Shenzhen Hongji Tiancheng Investment Management will acquire 51.5 million shares in Wuxi Huadong Heavy Machinery. The first share transfer price of CNY 50 million will be paid within five working days after the agreement is signed, The second share transfer price of CNY 50 million within five trading days after the payment of the first share transfer price and third share transfer price of CNY 106 million within seven trading days after the completion of the transfer procedures of this share transfer. Hongji Tiancheng Optimal No. 6 Private Securities Investment Fund managed by Shenzhen Hongji Tiancheng Investment Management Co., Ltd. completed the acquisition of 5.1% stake in Wuxi Huadong Heavy Machinery Co., Ltd. (SZSE:002685) from Wuxi Huadong Heavy Machinery Technology Group Co., Ltd. on October 22, 2021.