Zhejiang Huatong Meat Products Co., Ltd. (SZSE:002840) agreed to acquire the remaining 22% stake in Dongyang Huatong Animal Husbandry Co., Ltd. from Yao Yajun, Zheng Hui and Hu Mengru for CNY 22 million on November 9, 2021. Within 30 days after the agreement signing, Zhejiang Huatong will pay 30% consideration and 70% consideration within 10 working days after the completion. As part of the transaction, Zhejiang Huatong will acquire 12% stake from Yao Yajun for CNY 12 million, 5% stake from Zheng Hui for CNY 5 million and 5% stake from Hu Mengru for CNY 5 million. As of September 30, 2021, Dongyang Huatong reported net assets of CNY 102.5 million and total assets of CNY 191.6 million.