Wuzhou Special Paper Group Co., Ltd. (SHSE:605007) agreed to acquire Jiujiang Chengyu Logistics Co., Ltd. from Zhao Lei and Zhao Chenjia for CNY 26.5 million on June 17, 2024. A cash consideration of CNY 26.5 million will be paid by Wuzhou Special Paper Group Co., Ltd. As part of consideration, CNY 26.5 million is paid towards common equity of Jiujiang Chengyu Logistics Co., Ltd. As of May 31, 2024, Jiujiang Chengyu Logistics Co., Ltd. reported total assets of CNY 22.45 million and total common equity of CNY 22.66 million.