Li Xi agreed to acquire 20% stake in Hunan Leshang Investment Fund Partnership Enterprise (Limited Partnership) from Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338) for CNY 50 million on January 30, 2023. The board of Kaiyuan Education Technology Group has approved the deal on January 30, 2023.

Li Xi completed the acquisition of 20% stake in Hunan Leshang Investment Fund Partnership Enterprise (Limited Partnership) from Kaiyuan Education Technology Group Co., Ltd. (SZSE:300338) on February 6, 2023. As of February 6, 2023, The transfer has completed the registration modification and filing and issuance of business license. At the same time, Li Xi has paid the price of CNY 50 million.