Shanghai Lijiong Enterprise Management Co., Ltd agreed to acquire 19.99% stake in Shanghai Lijiong Enterprise Management Co., Ltd from Gaode Investment Co., Ltd. and Gold Crane Group Limited for CNY 36.06 million on September 26, 2021. The transfer price is CNY 19.54 per share. According to the Share Transfer Agreement, Golden Crane Group will transfer its 23,742,829 shares in the Company , accounting for 18.55% of the company's total share capital and Gaode Investment Co., Ltd will transfer 1,844,371 shares shares, representing 1.44% of the company's total share capital in Suzhou Jin Hong Shun Auto Parts Co., Ltd.

Shanghai Lijiong Enterprise Management Co., Ltd cancelled the acquisition of 19.99% stake in Shanghai Lijiong Enterprise Management Co., Ltd from Gaode Investment Co., Ltd. and Gold Crane Group Limited recently.