Sanjiang Shopping Club Co.,Ltd (SHSE:601116) agreed to acquire Ningbo Shibei Trading Co., Ltd. from Shanghai Hean Investment Management Co., Ltd. for CNY10 million on November 2, 2023. The resolutions involved in this transaction have been reviewed and approved at the 17th meeting of the 5th board of directors and the 13th meeting of the 5th board of supervisors of Sanjiang Shopping Club Co.,Ltd.