Inner Mongolia Jingmei Cashmere Trading Co., Ltd. intend to acquire remaining 31.25% stake in Beijing Yongjing Cashmere Co., Ltd. from Ningxia Zhongyin Cashmere Co., Ltd. (SZSE:000982) for CNY 54 million on July 15, 2021. For the year ended on June 30, 2021, reported total assets of CNY 190 million and total owners equity of CNY 160 million. Inner Mongolia Jingmei Cashmere Trading Co., Ltd. completed the acquisition of remaining 31.25% stake in Beijing Yongjing Cashmere Co., Ltd. from Ningxia Zhongyin Cashmere Co., Ltd. (SZSE:000982) on August 2, 2021. As of August 3, 2021, Ningxia Zhongyin Cashmere Co., Ltd. has received the entire equity transfer price paid by Inner Mongolia Jingmei Cashmere Trading Co., Ltd., the equity transferee, for a total of CNY 53.5965 million.