Shenzhen Fengqi Zhiyuan Technology agreed to acquire a 16% stake in Shenzhen HEKEDA Precision Cleaning Equipment Co., Ltd. (SZSE:002816) from Yiyang Ruihecheng Holding Co., Ltd. for CNY 400 million on September 1, 2022. Shenzhen Fengqi Zhiyuan Technology will acquire 16 million shares at CNY 25 each. Post completion of the transaction, Yiyang Ruihecheng will hold 13.99% stake in Shenzhen HEKEDA Precision Cleaning Equipment.