Baoji Fangwei Tongchuang Enterprise Management Partnership Enterprise (Limited Partnership) signed a letter of intent to acquire 14.81% stake in Zhejiang Busen Garments Co., Ltd. (SZSE:002569) from Beijing Dongfang Hengzheng Science And Trading Co., Ltd. for CNY160 million on June 14, 2024. A cash consideration of CNY 162.35 million will be paid by Baoji Fangwei Tongchuang Enterprise Management Partnership Enterprise (Limited Partnership) . As part of consideration, CNY 162.35 million is paid towards common equity of Zhejiang Busen Garments Co., Ltd.