Hangzhou Yunjin Private Fund Co., Ltd. agreed to acquire a 5.0027% stake in Zhengping Road & Bridge Construction Co.,Ltd. (SHSE:603843) from Qinghai Weiyuan Road and Bridge Co., Ltd. for approximately CNY 150 million on March 17, 2023. Under the terms, Hangzhou Yunjin Private will acquire 35 million shares at a price of CNY 4.27 per share in cash. Within 1 month after the agreement signing, Hangzhou Yunjin Private Fund Co., Ltd. will pay 40% of the transfer price. Within 1 month after the Shanghai Stock Exchange approves and issues a confirmation letter, Hangzhou Yunjin Private Fund Co., Ltd. will pay 40% of the transfer price. Within 1 month after the transfer completion, Hangzhou Yunjin Private Fund Co., Ltd. will pay 20% of the consideration price.

Hangzhou Yunjin Private Fund Co., Ltd. completed the acquisition of 5.0027% stake in Zhengping Road & Bridge Construction Co.,Ltd. (SHSE:603843) from Qinghai Weiyuan Road and Bridge Co., Ltd. on June 16, 2023.