Zhang Lei agreed to acquire 4.22% stake in Shanxi Guoxin Energy Corporation Limited (SHSE:600617) from Shanxi Tiansen Group Logistics Distribution Co., Ltd. for approximately CNY 210 million on October 13, 2021. Under the terms Zhang Lei will acquire 58.09 million shares for CNY 3.69 per share. After obtaining the confirmation letter from the Shanghai Stock Exchange for this agreement transfer, Zhang Lei will pay the transfer price. Post completion, Shanxi Tiansen Group Logistics Distribution Co., Ltd. will hold 5.43% stake in Shanxi Guoxin Energy Corporation Limited. This equity transfer requires compliance confirmation from the Shanghai Stock Exchange before the transfer of shares agreement can be handled at the Shanghai Branch of China Securities Depository and Clearing Co., Ltd.