Shanghai Han Tao Information Consultation Co. Ltd. signed a share transfer agreement to acquire 6% stake in Beijing Enlight Media Co., Ltd. (SZSE300251) from Beijing Sankuai Technology Co., Ltd. for CNY 1.9 billion on November 4, 2020. Shanghai Han Tao agreed to acquire 176.02 million common shares of Beijing Enlight Media at a price of CNY 11.04 per share in cash. Within 24 months after the completion of the transfer procedures of the target shares, Shanghai Han Tao shall pay the share transfer consideration to the account designated by Beijing Sankuai. The consideration will be funded from own funds of Shanghai Han Tao. Shanghai Han Tao Information Consultation Co. Ltd. completed the acquisition of 6% stake in Beijing Enlight Media Co., Ltd. (SZSE300251) from Beijing Sankuai Technology Co., Ltd. on December 31, 2020. The share transfer registration was competed on December 31, 2020. The China Securities Depository and Clearing Co., Ltd, issued the confirmation for the approval of the transaction on January 4, 2021.