Jiangyin Ningxiu Construction Investment Development Co., Ltd entered into share transfer agreement to acquire 11.2% sake in Jiangsu Huaxicun Co.,Ltd. (SZSE:000936) from Jiangsu Huaxi Group Co., Ltd for CNY 560 million on April 7, 2022. Under the terms of transaction, Jiangyin Ningxiu Construction will acquire 99.6 million shares at transfer price of CNY 5.60 per share.