Xinjiang Tianshun Supply Chain Co., Ltd. (SZSE:002800) agreed to acquire 45% stake in Xinjiang Tianhui Logistics Co., Ltd. from Wang Duozhi for CNY 24.7 million on April 10, 2024. Prior to the transaction, Xinjiang Tianshun Supply Chain Co., Ltd. (SZSE:002800) held 55%. Xinjiang Tianhui Logistics Co., Ltd. reported Total Assets Worth CNY 184.3 million, EBIT of CNY 486.1 million, Net Income of CNY 36 million and Total Common equity of CNY 42.7 million on December 31, 2023.

Transaction is already approved by Xinjiang Tianshun Supply Chain' s board of director's.