Zhang Shuyuan signed a share transfer agreement to acquire 5.44% stake in Shenzhen Hui Chuang Da Technology Co., Ltd. (SZSE:300909) from Li Ming for approximately CNY 170 million on May 6, 2024. Under the terms, Zhang Shuyuan will pay CNY 17.73 per share to acquire 9,404,318 shares which will be financed through Zhang Shuyuan's own funds.