Beijing Cuiwei Group agreed to acquire additional 9.97% stake in Beijing Cuiwei Tower Co., Ltd. (SHSE:603123) for approximately CNY 530 million on March 25, 2021. On March 31, 2021, Cuiwei Group paid 30% of the transfer price. Beijing Cuiwei Group completed acquisition of additional 9.97% stake in Beijing Cuiwei Tower Co., Ltd. (SHSE:603123) on July 1, 2021. After the acquisition, Beijing Cuiwei Group holds 251.7 million shares with shareholding ratio of 31.5%.