Guangdong Yueyun Transportation Company Limited entered into the Equity Transfer contract to acquire entire equity interest in Meizhou Yueyun Investment Company Limited from Guangzhou Liyun Investment and Development Company for approximately CNY 19 million.

Guangdong Yueyun Transportation Company Limited (SEHK:3399) entered into the Equity Transfer contract to acquire entire equity interest in Meizhou Yueyun Investment Company Limited from Guangzhou Liyun Investment and Development Company for approximately CNY 19 million on November 4, 2022. The total consideration of the Equity Transfer will be funded with the Company's internal resources. The transaction was approved by Guangdong Yueyun Transportation Company Limited (SEHK:3399) Board for the Equity Transfer.