Hangzhou Bigeye Technology Co., Ltd. agreed to acquire a 83.6065% stake in Biou (Zhejiang) Food Industry Co., Ltd. from Apple Flavor & Fragrance Group Co.,Ltd. (SHSE:603020) for CNY 64.5 million on March 7, 2023. Transaction is approved by Apple Flavor & Fragrance's board. For the period September 30, 2022, Biou (Zhejiang) had CNY 147.83 million of total assets and CNY 75.45 million of net assets.