Bairuikun Investment Management (Beijing) Co., Ltd agreed to acquire a 5% stake in Beijing Forever Technology Co., Ltd. (SZSE:300365) from Jiang Chunhua and Chen Xianlong for approximately CNY 210 million on July 6, 2022. As part of the transaction, Bairuikun Investment will be acquire 30 million shares at CNY 7 per share.

Bairuikun Investment Management (Beijing) Co., Ltd completed the acquisition of a 5% stake in Beijing Forever Technology Co., Ltd. (SZSE:300365) from Jiang Chunhua and Chen Xianlong on July 25, 2022.