Beijing Dongfang Shangjing Technology Co., Ltd. signed an equity transfer agreement to acquire 19.1% stake in AUBO (Beijing) Robotics Technology Co., Ltd. from Zhejiang Dun'an Artificial Environment Co., Ltd (SZSE:002011) for CNY 80.3 million on November 4, 2020. Post completion, Zhejiang Dun'an Artificial Environment Co., Ltd will not hold any stake in AUBO (Beijing) Robotics Technology Co., Ltd. The transaction does not require approval from board of directors of Zhejiang Dun'an Artificial Environment Co., Ltd.