Jinan Taixiang Investment Partnership Enterprise (Limited Partnership) agreed to acquire 5.28% stake in Zhejiang Hugeleaf Co.,Ltd. (SHSE:600226) from Zhangjiagang Puxin Enterprise Management Consulting Partnership (Limited Partnership) for approximately CNY 420 million on September 7, 2023. The offer per share is CNY 2.69 for 155.75 million shares. The buyer must make three payments, 20% within 3 days (CNY 83.79 million), at least 60% within 2 days (not less than CNY 251.39 million), and the full amount within 5 days.

Jinan Taixiang Investment Partnership Enterprise (Limited Partnership) completed the acquisition of 5.28% stake in Zhejiang Hugeleaf Co.,Ltd. (SHSE:600226) from Zhangjiagang Puxin Enterprise Management Consulting Partnership (Limited Partnership) on September 20, 2023.