Shaanxi Guohua Fusion Industry Development Fund Partnership Enterprise (Limited Partnership) managed by Shaanxi Aerospace Guohua Private Equity Fund Management Co., Ltd. and China Aerospace Investment Holdings Ltd. agreed to acquire additional 5% minority stake in COFCO Biomaterials (Elm Tree) Co., Ltd. from SIN YANG INDUSTRIES & TRADING PTE LTD for CNY 1 on June 22, 2022. Under the terms, China Aerospace Investment will pay CNY 0.54 and Shaanxi Guohua Fusion Industry Development Fund Partnership Enterprise (Limited Partnership) managed by Shaanxi Aerospace Guohua Private Equity Fund Management Co., Ltd will pay CNY 0.46.