Bai Hao International was acquired for the second time.

On June 27th, 2022, it acquired Bai Hao International for the second time. According to relevant information, the company's international holding group acquired all the shares of Bai Hao International on June 27th, 2022 and became the legal shareholder of the company. The first acquisition was on March 22, 2022. Song bought all the shares of the company at a price of 9 million Hong Kong dollars, but it was sold again after only a few months because of poor management.