Sichuan Dowell Science and Technology Inc. (SZSE:300535) signed a share transfer agreement to acquire additional 13.5% stake in Weiyuan Dowell Wood Industry Co., Ltd. from chen nengxiang for CNY 16.2 million on July 8, 2022. The deal has approved by board of Sichuan Dowell Science and Technology and doesn't need shareholders approval. Weiyuan Dowell Wood Industry has reported net profit of CNY 76.437786 million and revenue of CNY 8,897.777051 million in December 31, 2021.