Beijing Ruiqi Heding New Technology Development Center (Limited Partnership) agreed to acquire 10.43% stake in Beijing Ruiqi Haodi Technology Co., Ltd. from Beijing Century Real Technology Co., Ltd. (SZSE:300150) for CNY 9.7 million on October 24, 2019. As per terms, Beijing Ruiqi Heding New Technology Development Center (Limited Partnership) will acquire 3 million shares at CNY 3.24 per share. For the year ended December 31, 2018, Beijing Ruiqi Haodi Technology Co., Ltd. reported total assets of CNY 189.1 million, net assets of CNY 89.9 million, total revenues of CNY 101.5 million, operating profit of CNY 1.8 million and net profit of CNY 2.4 million. The transaction was approved by the board of directors of Beijing Century Real Technology Co., Ltd. The agreement will take effect after the second extraordinary shareholders meeting of Beijing Century Real Technology Co., Ltd. in 2019. Beijing Ruiqi Heding New Technology Development Center (Limited Partnership) cancelled the acquisition of 10.43% stake in Beijing Ruiqi Haodi Technology Co., Ltd. from Beijing Century Real Technology Co., Ltd. (SZSE:300150) on October 24, 2020.