Shanghai Oumao Trade Investment Management Partnership (Limited Partnership) agreed to acquire a minority stake in B-SOFT Co.,Ltd. (SZSE:300451) on January 21, 2020. Shanghai Oumao Trade Investment Management Partnership (Limited Partnership) signed investment framework agreement to acquire 5% stake in B-SOFT Co.,Ltd. from Hangzhou Fukang Investment Co., Ltd. for approximately CNY 740 million on May 12, 2020. As per terms, Shanghai Oumao Trade Investment Management Partnership (Limited Partnership) will acquire 55.48 million shares of B-SOFT Co.,Ltd. Under the terms of consideration, CNY 506.2 million will be paid within 45 working days after the signing of the agreement and remaining will be paid within 5 working days after the precedent conditions of the agreement are met. Shanghai Oumao Investment Management Partnership Enterprise (Limited Partnership) completed the acquisition of 5% stake in B-SOFT Co.,Ltd. (SZSE:300451) from Hangzhou Fukang Investment Co., Ltd. on July 27, 2020.