Shen Zhiming and Zheng Weiguo intends to acquire 50% interest in Zhejiang Jingyan Metal Co., Ltd from Zhejiang Youpon Integrated Ceiling Co.,Ltd. for RMB 58.5 million.

Shen Zhiming and Zheng Weiguo intends to acquire 50% interest in Zhejiang Jingyan Metal Co., Ltd from Zhejiang Youpon Integrated Ceiling Co.,Ltd. (SZSE:002718) for RMB 58.5 million on March 31, 2022. 29.48% of the Jingyan Company held by the Zhejiang Youpon will be transferred to Shen Zhiming, and the transfer price was RMB 34.5 million; 20.52% of Jingyan Company held by Zhejiang Youpon will be transferred to Zheng Weiguo , the transfer price is RMB 24 million.