Hangzhou Huijinsui Environmental Protection Co., Ltd agreed to acquire Hangzhou Handing Yuyou Financial Holding Investment Co., Ltd from Strait Innovation Internet Co., Ltd. (SZSE:300300) for approximately CNY 110 million on May 7, 2022. As of December 20, 2021, board of directors of Straight Innovation Internet Co., Ltd have approved the transaction. As of May 11, 2022, Hangzhou Huijinsui Environmental Protection Co., Ltd signed an agreement to acquire Hangzhou Handing Yuyou Financial Holding Investment Co., Ltd from Straight Innovation Internet Co., Ltd.