Chen Xinkai, Lu Meng, Dai Xuya, and Quan Hui He Ke agreed to acquire 3.75% stake in Ji Yao Holding Group Co., Ltd. (SZSE:300108) from Lu Zhongkui?s for CNY 77.14 million on January 8, 2024. Shares are transferred through auction. After this transaction, Lu Zhongkui?s shareholding in the Ji Yao Holding Group Co., Ltd. will be reduced to 13.56%.

This is still subject to final confirmation by Shanghai Municipality Huangpu People's Court.