Xu Wanli signed Share transfer agreement to acquire 6.79% stake in Ningbo Jifeng Auto Parts Co., Ltd. (SHSE:603997) from Ningbo Dongzheng Jihan Investment Partnership (Limited Partnership) managed by Dongzheng Rongtong Investment Management Co., Ltd. for approximately CNY 800 million on June 25, 2024. A cash consideration valued at CNY 9.35 per share will be paid for 86,000,000 shares.