Ningbo Zhongman Technology Management Co., Ltd. signed an share transfer agreement to acquire 11.8713% stake in JiaoZuo WanFang Aluminum Manufacturing Co., Ltd (SZSE:000612) from Hangzhou Jintou Jinzhong Investment Partnership Enterprise (Limited Partnership) for CNY 1.2 billion on July 20, 2021. As per terms of transaction, Ningbo Zhongman Technology Management Co., Ltd. will acquire 141.529491 million shares. Ningbo Zhongman Technology Management Co., Ltd. completed the acquisition of 11.8713% stake in JiaoZuo WanFang Aluminum Manufacturing Co., Ltd (SZSE:000612) from Hangzhou Jintou Jinzhong Investment Partnership Enterprise (Limited Partnership) on August 12, 2021.