Xiamen Xincheng Shenghe Venture Capital Fund Partnership Enterprise (Limited Partnership) agreed to acquire Beijing Qianjing Blue Ocean Technology Co.,Ltd from Beijing Qianjing Landscape Co.,Ltd (SHSE:603778) for CNY120 million on August 17, 2023. On August 17, 2023, Beijing Qianjing Landscape Co.,Ltd (SHSE:603778) held the 47th meeting of the fourth board of directors to review and approve the "Proposal on the Sale of Equity in Wholly-owned Subsidiaries and Related Transactions". As of September 4, 2023, the transaction is approved by shareholders of Beijing Qianjing Landscape Co.,Ltd.