Guo Wei entered into an share transfer agreement to acquire 51% stake in Commerce Prosper Limited from Kingwell Group Limited (SEHK:1195) for CNY 26.5 million on February 16, 2023. For the period ended June 30, 2022, Total Assets were of CNY 48 million, Net Assets were of CNY 47 million, Revenue was CNY 0.34 million, Net loss before tax was of CNY 1.53 million and Net Loss after Tax was of CNY1.54 million.

Guo Wei completed the acquisition of 51% stake in Commerce Prosper Limited from Kingwell Group Limited (SEHK:1195) on March 20, 2023. Under the terms of agreement, consideration paid is along with net of cash acquired of CNY 0.188 million.