Hainan Xintang Trading Partnership Enterprise (Limited Partnership) signed a Share Transfer Agreement to acquire 5% stake in Hiecise Precision Equipment Co.,Ltd. (SZSE:300809) from Cao Yuzhong for approximately CNY 240 million on July 7, 2023. As part of the transaction, Hainan Xintang Trading Partnership will acquire 12.60 million shares at a price of CNY 19 per share.