Jiangxi Qixin Group Co., Ltd. (SZSE:002781) and Zhang Zhanlin entered into an agreement a 20% stake in Shenzhen Quanrong Technology Co., Ltd. from Shenzhen Chuangfeng Investment Partnership (Limited Partnership) on January 17, 2022. Under the terms, Jiangxi Qixin Group will acquire the 12% stake and Zhang Zhanlin will acquire 8% stake for CNY 1 per share. Post the transaction, Zhang Zhanlin, Jiangxi Qixin Group and Shenzhen Chuangfeng Investment will hold 36%, 54% and 10% stake in Shenzhen Quanrong Technology respectively. For the period ended September 30, 2021, Shenzhen Quanrong had total assets of CNY 7.65 million

Jiangxi Qixin Group Co., Ltd. (SZSE:002781) and Zhang Zhanlin completed the acquisition of a 20% stake in Shenzhen Quanrong Technology Co., Ltd. from Shenzhen Chuangfeng Investment Partnership (Limited Partnership) on January 17, 2022.