Shandong Weiqiao Textile Technology Co., Ltd.

Shandong Weiqiao Textile Technology Co., Ltd. entered into a merger agreement on December 4, 2023, to acquire Weiqiao Textile for HK$3.50 per H share and RMB 3.180870 per domestic share, totaling about HK$1.448 billion and RMB 72.8 million.