Shenyang Zhongyi Trade Co., Ltd. agreed to acquire 67% stake in Shanghai Shaoxi Network Technology Co., Ltd. from Shanghai Rongtai Health Technology Corporation Limited (SHSE:603579) for CNY 0.1 million on October 27, 2021. As at April 30, 2021 Shanghai Shaoxi Network Technology Co., Ltd. recorded the total assets of CNY 121.6 million and total common equity of -CNY 38 million. The deal is subject to Shanghai Rongtai Health Technology Corporation Limited board approval. As of October 27, 2021 Shanghai Rongtai Health Technology Corporation Limited board approved the deal. As of October 28, 2021, the transaction is approved by the shareholders of Shanghai Shaoxi Network Technology.