Cui Bo signed the share transfer agreement to acquire a 11.90% stake in Lead Eastern Investment Co.,Ltd (SZSE : 000673) from Southern Capital-Ningbo Bank-Contemporary Orient Special Assets Management Plan, managed by Nanfang Asset Management Co.,Ltd. for CNY 25.4 million on June 15, 2022. Cui Bo will pay CNY 0.27 per share to acquire 93,938,052 share, representing approximately 11.90% stake in Lead Eastern Investment. Following this transaction, Southern Capital will hold no stake in Lead Eastern Investment.